Retirement

The ABI has called for automatic enrolment by workers into their company pension schemes, with an additional option to opt out, as part of a greater package of reforms to encourage a new savings culture in the UK.

Adair Turner, chairman of the Pensions Commission has warned against government issuing ‘very' long-term longevity bonds, due to increasing UK life expectancy.

While young Brits are at least saving some their monthly earnings, new research suggests they are still not putting aside enough for their future retirement.

As many as six out of ten young Brits, aged between 16 and 34, are not saving a single penny towards their retirement, new research indicates.

Eight out of ten UK workers believe compulsion is the only option in order to get individuals to save, according to new research.

A leading law firm has warned draft government regulations aimed at providing employees with greater control over their work scheme pensions will lead to a lengthy consultation process.

More than half of Brits would prefer a flat-rate state pension based on the Citizen's Pension model, new research indicates.

Bank of Scotland Investment Service has launched a website to aid individuals in the run up to A-Day, on 6 April 2006.

Bank of Scotland Annuity Service (Bosas) says Brits are squandering up to £18,500 by not shopping around for highest annual income from their pension fund.

New research indicates lazy Brits have only themselves to blame when it comes to inadequate pensions retirement sums.