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Retirement

Investment

Rich Brits prefer to go it alone on retirement

Less than 10% of wealthy UK adults are convinced the State will be able to provide them with enough cash to live through retirement, new research indicates.

clock 30 August 2005 •

Investment

£2bn needed for pension scheme rebates

An extra £2bn in National Insurance (NI) rebates is needed to compensate those employers and members of company pension schemes opting out of the State Second Pension (S2P), new research indicates.

clock 30 August 2005 •

Investment

Defaqto offers analysis of s32 plans

Product research firm Defaqto has produced a report in the s32 offerings of 15 pension providers, suggesting Clerical Medical, Prudential and Scottish Life offer the best options on the market.

clock 26 August 2005 •

Investment

Scottish Life enhances support for IFAs ahead of A-Day

Scottish Life's pensions e-information centre known as Technical Central has enhanced its technical and practical support provisions for IFAs ahead of A-Day.

clock 26 August 2005 •

Investment

Stakeholder products fail to take off

The government's stakeholder range of savings have shown "disappointingly low sales", according to the latest life and pensions new business figures from the Association of British Insurers (ABI).

clock 25 August 2005 •

Investment

ABI enters Serps debate

The Association of British Insurers (ABI) has published a position paper on contracting out of the State Second Pension following the reports from the Financial Services Authority (FSA) and Which?.

clock 25 August 2005 •

Investment

£180,000 'magic sum' for pensioners

More than a third of UK pensioners are unable to afford to live how they had hoped in retirement, with the average person needing an extra £180,000 during their 25 year pension lifetime, new research indicates.

clock 25 August 2005 •

Investment

Divorce laws deficient on pensions

Most divorced women approaching retirement are without sufficient pension provision despite laws supposed to split pension pots equally between partners in a dissolved marriage.

clock 24 August 2005 •

Investment

Industry question prospect of contracting-out mis-selling

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.

clock 23 August 2005 •

Investment

FSA threatens over contracting-out mis-selling investigation

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)....

clock 23 August 2005 •
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