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IFAs say reform of 'Ponzi' public sector pensions inevitable

Advisers have likened public sector pensions to 'Ponzi' schemes and say reform is long overdue.

clock 08 October 2010 •

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Sarkozy adjusts pension proposals under threat of strikes

French President Nicolas Sarkozy has proposed to allow some people to retire earlier than at age 62 after pressure from trade unions.

clock 07 October 2010 •

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Public sector pension reforms 'may hit women hardest'

Shifting the link between public sector pension schemes and final salaries to a career-average earnings option could hit female retirees hardest, experts say.

clock 07 October 2010 •

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Over-50s to cut pension contributions if base rate hiked

A large number of over-50s will opt to cut their pension contributions in order to cover debt repayments if interest rates rise this week, research from LV= suggests.

clock 06 October 2010 •

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Clarke: pension age to 'drift up to the late 60s'

Justice Secretary Ken Clarke says the state pension age will rise to "the late 60s" as the current system is "unaffordable".

clock 06 October 2010 •

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Just Retirement acquires OMO software firm

Life assurance group Just Retirement has acquired The Open Market Annuity Service (TOMAS) in a bid to streamline annuity shopping.

clock 05 October 2010 •

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BBC pension cap offer upped to 4%

The BBC has raised its pensions offer to staff and staved off next week's planned strike at the broadcaster.

clock 04 October 2010 •

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Older People's Day fails to impress

Today is national Older People’s Day, but some are less than enamored with the DWP’s gesture towards “the important contribution older people make to society”.

clock 01 October 2010 •

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Don't be blinded by 'bargains'

Martin Palmer, head of corporate pensions marketing at Friends Provident, defends pension charges.

clock 01 October 2010 •

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Friends Prov with-profits bonus boost

Friends Provident has managed to raise or hold steady final bonus rates on its with-profits policies as markets start to recover.

clock 01 October 2010 •
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