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Retirement

Investment

NAPF applauds pension longevity delay

A decision by The Pensions Regulator (TPR) to avoid retrospectively changing pension scheme valuations based on longevity improvements has been welcomed.

clock 22 July 2008 •

Investment

Pensioners go on first year spending spree

Many pensioners are going on a spending binge in their first year of retirement causing severe financial hardship in later years, according to Prudential.

clock 21 July 2008 •

Investment

Consumers warned off property over pensions

Friends Provident is urging consumers to look to more traditional pension savings to fund their retirement, rather than relying on property.

clock 18 July 2008 •

Investment

LV= adds 15 funds to pension platform

Retirement specialist LV= has boosted the number of funds available through its pension platform by 15.

clock 18 July 2008 •

Investment

DB schemes only open to 14% in ten years - survey

The proportion of Defined Benefit (DB) schemes open to new entrants is expected to fall from 25% to 18% by 2010 and 14% in the next 5-10 years, according to Watson Wyatt's Pension Plan Design Survey 2008.

clock 17 July 2008 •

Investment

Skandia to offload SSAS book to Rowanmoor

Rowanmoor Pensions has been selected to take over the Skandia's £13.7m Small Self-Administered Schemes (SSAS) book of business.

clock 17 July 2008 •

Investment

Ill-health pensions main source of complaints - Ombudsman

The most common single source of complaints against pension schemes was decisions not to award ill-health pensions, the Pensions Ombudsman says in its Annual Report and Accounts for 2007/8 .

clock 17 July 2008 •

Investment

Rowanmoor takes on Skandia's £14m SSAS book

Skandia Life is pulling out of the SSAS pension market and transferring its business to specialists Rowanmoor Pensions.

clock 17 July 2008 •

Investment

IFAs offer best route to retirement prosperity - Cable

Independent financial advice remains the best route to saving correctly and preparing for retirement, Vince Cable says.

clock 15 July 2008 •

Investment

Personal Accounts charging splits industry-PADA

The Personal Accounts Delivery Authority (PADA) says the majority of respondents to its charging consultation paper are split between an AMC-only structure or an AMC plus contribution charge.

clock 15 July 2008 •
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