Retirement

Balanced pooled funds continue to claw back earlier losses with a 2% increase in the first quarter, representing the eighth consecutive positive return, according to investment services firm Russell/Mellon.

An 'outdated' pension system will continue to fail millions of women for many years still to come unless urgent action is taken, a report from two leading charities warns.

An independent financial adviser has claimed the fall of national savings ratio in the UK can principally be attributed to the dramatic fall in numbers of pensions and savings policy salesforce.

Enforcement of a UK compulsory pension contributions system could potentially force the government to fork out up to £4bn a year in tax relief, according to calculations from consulting firm Aon.

Pension group Royal London has announced the retirement of its chairman and director, Hubert Reid at the end of the year.

Safe Home Income Plans (SHIP), has reported solid business figures for the three months to 31 March 2005.

The SIPP Provider Group (SPG) is to lodge a formal response to the Department of Work and Pensions (DWP) following consultation on investment of protected rights, and its proposal to ban self-investment of protected rights within SIPPs.

Negative behavioural characteristics of people towards savings including ‘inertia', and low will power can be used to get people to save more, an analyst at the Organisation for Economic Co-operation and Development(OECD) suggests.

The Association of British Insurers (ABI) believes there is no one perfect model to copy, but that there are ‘useful lessons' to be learned from pensions policies around the world in order to address the UK savings gap.

Over half a million people in the UK could experience a shortfall of £10,000 in their pension for each year of retirement new research reveals.