pensions

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.

The Pension Policy Institute (PPI) has released research outlining the various political party agenda's to reform the UK pension system in the run up to the General Election next month.

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.

The Pension Protection Fund (PPF) has cautioned it will not pay out any pensions for at least one year if MG Rover becomes eligible for the fund, with some industry players estimating a £50m payout figure at this early stage.

Tony Blair has refused to rule introducing means-testing of state pension benefits after being challenged to state his position by the Tories, reports The Daily Telegraph.

Retirement specialist Winterthur Life is on the road again during May and June to discuss the opportunities facing IFAs ahead of A-Day.