Most divorced women approaching retirement are without sufficient pension provision despite laws supposed to split pension pots equally between partners in a dissolved marriage.
Industry comments are mixed regarding a possible investigation by the FSA over mis-selling claims on contracting-in and out of the state second pension, previously known as Serps.
Individuals contracting out of the state second pension (S2P) scheme could find themselves with £4 per week less than if they remained within the scheme, sparking a possible investigation into mis-selling claims by the Financial Service Authority (FSA)....
Standard Life says it is in a god position to go ahead with its proposed demutualization in 2006 after publishing what it calls "a robust set of figures" for the first six months of this year.
The Department for Work and Pensions (DWP) has called for immediate action for the design and implementation of a financial education programme for adults regarding long-term saving and retirement planning.
As much as £6.5bn is expected to be invested in property through Sipps in the first year, following the implementation of new rules at A-Day on 5 April 2006, new research indicates.
Repeated warnings about the importance of saving continue to be ignored as less than two out of ten (17%) UK adults have a savings vehicle, new research indicates.
With an major in crease expected in the Sipp market following changes to the pensions regime through the implementation of A-Day in April next year, Legal & General has published a new guide for financial advisers.
The rush to put residential property into self-invested personal pensions following A-Day, as anticipated by the industry, is only likely to attract a specific niche of individuals, new research indicates.
Eight in ten financial advisers believe the government will not be able to close in on the country's £27bn savings gap, according to new research.