Friends Provident

Research by pension provider Friends Provident indicates there is a growing realisation among UK adults of the need to work longer to secure an adequate pension.

INTEREST RATES may fall sooner rather than later, according to a report in the Scotsman this morning, as downbeat news about the economy suggests it is slower faster than expected.

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.

Friends Provident has launched a new range of individual pensions compatible with the Government's new stakeholder regulations which reduces charges the more money is invested

Friends Provident has added the portfolio planning section of Distribution Technology's Dynamic Planner to its online tools and created additional functionality specifically for its extranet.

Barclays Bank has signed a multi-tie agreement with six of the UK's big brand life insurers, ahead of depolarisation.

Friends Provident has cut final and regular bonus rates on almost all of its with-profits products as the listed life office declares stockmarket returns over the last five years have amounted to just 3.4% gross on investments.

THE INLAND REVENUE has been forced to admit

AUDITOR ERNST & YOUNG may yet settle their £2bn case our of court with Equitable Life as the prospect is "inching closer", reports this morning's Guardian newspaper.

MOST OF the national press are this morning are looking at yesterday's Bank of England base rate rise to 4.75%, but many comments suggest the Monetary Policy Committee shown have gone further to dampen economic inflation.