pensions

Ignorance or foolishness seem to pervade punters views on how much they need to save for retirement, according to a Sesame survey of expected pension funds required to live comfortably in retirement.

NORWICH UNION is the latest company to "ditch" the pensions sector for more profitable business, reports this morning's Scotsman, after yesterday calling for large-scale deregulation of the pensions market.

The Association of Consulting Actuaries (ACA) calls on political parties to show transparency on plans for the state retirement age.

Balanced pooled funds continue to claw back earlier losses with a 2% increase in the first quarter, representing the eighth consecutive positive return, according to investment services firm Russell/Mellon.

An 'outdated' pension system will continue to fail millions of women for many years still to come unless urgent action is taken, a report from two leading charities warns.

An independent financial adviser has claimed the fall of national savings ratio in the UK can principally be attributed to the dramatic fall in numbers of pensions and savings policy salesforce.

Enforcement of a UK compulsory pension contributions system could potentially force the government to fork out up to £4bn a year in tax relief, according to calculations from consulting firm Aon.

Pension group Royal London has announced the retirement of its chairman and director, Hubert Reid at the end of the year.

The SIPP Provider Group (SPG) is to lodge a formal response to the Department of Work and Pensions (DWP) following consultation on investment of protected rights, and its proposal to ban self-investment of protected rights within SIPPs.

The Association of British Insurers (ABI) believes there is no one perfect model to copy, but that there are ‘useful lessons' to be learned from pensions policies around the world in order to address the UK savings gap.