Investment

Legal & General has warned ‘blanket' compulsory savings for both individuals and employers would be an ‘inflexible' option as would create financial shortcomings for low and middle income workers who might have more pressing financial burdens.

The Association of British Insurers (ABI) has called for the Pensions Commission to become a permanent body in the hope it can increase the number of people saving sufficiently for retirement.

New research has criticised the suggestion by Adair Turner's Pension Report recommending compulsory pension saving as a means of alleviating the pension crisis.

Utility bills added to the cost of running a home will overtake the income of UK pensioners within fifteen years, new research indicates.

The British Chambers of Commerce (BCC) has followed the chant of the Association of Consultant Actuaries for a voluntary pension system, warning that UK business will not accept footing the bill for the pension crisis by a future increase in taxes.

In a belated response to the Pensions Commission report released in October last year, the Association of Consulting Actuaries (ACA) has called for a higher consolidated State pension, along with later retirement and a stop to contracting out.

Punter Southall has published an A-Day survival guide providing tips and tackling questions people may be asking in the run up to its launch.

Revenue guidance given to one financial adviser suggests it might be possible to draw on a Sipp to invest in off-plan residential property BEFORE 6 April 2006 - but then again maybe not.

A new £13m fund has been launched by Pensions Minister Malcolm Wicks, to finance local initiatives which should fast-track the take-up of benefits for Britain's older population.

Members of public service union, Unison have agreed to back strike action apposing a Government proposal to increase the workers' pension age from 60 to 65.