Retirement

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.

The Pension Protection Fund (PPF) has cautioned it will not pay out any pensions for at least one year if MG Rover becomes eligible for the fund, with some industry players estimating a £50m payout figure at this early stage.

Retirement specialist Winterthur Life is on the road again during May and June to discuss the opportunities facing IFAs ahead of A-Day.

Nearly seven in ten firms say current policies in place to drive up occupational pensions are not having the desired effect, new research indicates.

John Moret has called on the Government and the Financial Services Authority (FSA) to take immediate action for the proper regulation of the Self-Invested Personal Pensions (SIPP) market before the arrival of A-Day on 6 April 2006.

Scottish Life has called for more interaction between providers and individuals as a means of fostering the take up of pensions in the UK.