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Retirement

Investment

Pensions a 'major threat' to UK economy - FSA

The FSA has bracketed the savings gap as a ‘major threat' to the UK economy, calling pensions savings a ‘priority risk' in order for the watchdog to meet its statutory objectives in the short to medium term.

clock 20 January 2005 •

Investment

NAPF issues guide for Pension fund trustees

The National Association of Pension Funds (NAPF) has printed a guide to help pension fund trustees understand their role in shareholder voting.

clock 20 January 2005 •

Investment

Reality strikes again in IFA Promotion savings survey

Expensive sandwiches, underused gym memberships and cups of coffee on the way to work are identified by IFA Promotion alongside its latest annual survey of savings habits that has found 71% of UK adults claim they cannot save more money.

clock 19 January 2005 •

Investment

Houses will not replace pensions - B&CE survey

Nearly half of Brits do not plan to use money tied up in their homes to fund their retirement, a new survey indicates.

clock 17 January 2005 •

Investment

Actuarial Profession warns of equity release growth

The Actuarial Profession has warned while the equity release market should be the last major financial transaction anybody enters, an increasing number of providers have entered the market over the past few years and will continue to do so as the development...

clock 17 January 2005 •

Investment

Deficiency notices back in the mailbox

The Inland Revenue has renewed efforts to issue deficiency notices and update people on their entitlement to a full state pension through payment of National Insurance Contributions (NICs).

clock 17 January 2005 •

Investment

Pre A-Day pension offers 100% tax-free cash

The imminence of A-Day and 'pensions simplification' will herald changes to the amount of tax-free cash at retirement individuals can 'lock' in under an occupational pension scheme, before April 2006.

clock 14 January 2005 •

Investment

Company 'ostrich strategy' failing pension scheme deficits

Companies are only contributing the level minimum required by the minimum funding requirement (MFR) when it comes to paying off pension schemes in deficit.

clock 13 January 2005 •

Investment

Retirement earnings lagging behind living costs

The cost of sustaining a living for retired people has increased 45% over the past decade and is nearly double the average pensioners income, research indicates.

clock 12 January 2005 •

Investment

Tories unveil savings tax consultation

Shadow chancellor Oliver Letwin MP has published a consultation paper on savings taxation which suggests re-establishing the dividend tax credit for pension funds along with tax credits for offering financial advice could restore confidence in savings....

clock 11 January 2005 •
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