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Pension savers '£10k a year worse off'

The average worker saving into a defined contribution (DC) pension will be £10,000 a year worse off in retirement than those saving at the same rate in 2000, Alexander Forbes says.

clock 15 March 2011 •

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Mortgage broker commission income plunges

About 70% of brokers say the average amount of commission they earn per product has fallen in the past year, research suggests.

clock 14 March 2011 •

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Insurers could split into male and female providers

Life offices could split to create separate providers for men and women following the ECJ ruling banning the use of gender-pricing, an actuary says.

clock 14 March 2011 •

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Axa's Morrison: More clarity needed on unisex pricing

UK regulators and government departments are being urged to clarify what impact the ECJ's ruling on gender pricing will have on financial products.

clock 14 March 2011 •

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Standard Life's Tully joins MGM Advantage

Andrew Tully has been appointed retirement income technical manager at MGM Advantage.

clock 14 March 2011 •

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SIPP and ISA investors back EM funds and gold

Emerging market funds are proving popular for SIPP and ISA investments, according to broker TD Waterhouse.

clock 14 March 2011 •

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Universal state pension equal to £200k private pot

The anticipated £140 flat-rate state pension will be equivalent to a private pension pot of £217,000, MetLife says.

clock 11 March 2011 •

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Warning independent pension advice lacking for blue chip employees

More than half of large blue chip firms are providing no independent financial advice to their employees before pension tax allowances are reduced, PwC says.

clock 11 March 2011 •

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SFO forced to justify lack of Eq Life criminal probe

The Serious Fraud Office (SFO) has been instructed to release potentially sensitive documents about the downfall of Equitable Life following a Freedom of Information (FOI) request.

clock 11 March 2011 •

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Blog: Retirement reshuffle

Phil Clarke, technical services manager at Rowanmoor Pensions, reflects on recent changes to pension rules.

clock 10 March 2011 •
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