pensions

Nearly half of Brits do not plan to use money tied up in their homes to fund their retirement, a new survey indicates.

The Actuarial Profession has warned while the equity release market should be the last major financial transaction anybody enters, an increasing number of providers have entered the market over the past few years and will continue to do so as the development...

The Inland Revenue has renewed efforts to issue deficiency notices and update people on their entitlement to a full state pension through payment of National Insurance Contributions (NICs).

The imminence of A-Day and 'pensions simplification' will herald changes to the amount of tax-free cash at retirement individuals can 'lock' in under an occupational pension scheme, before April 2006.

Companies are only contributing the level minimum required by the minimum funding requirement (MFR) when it comes to paying off pension schemes in deficit.

Public service union Unison has warned the Labour government its efforts to alter existing pension schemes across a number of government sectors could have a detrimental affect in the run up to the next general election.

Research presented by FIS Software yesterday on the administration of life and pensions companies has generated feedback from the financial services sector.

The cost of sustaining a living for retired people has increased 45% over the past decade and is nearly double the average pensioners income, research indicates.

Shadow chancellor Oliver Letwin MP has published a consultation paper on savings taxation which suggests re-establishing the dividend tax credit for pension funds along with tax credits for offering financial advice could restore confidence in savings....

Poor service from life and pensions (L&P) product providers is costing IFAs as much as £8,000 each in lost revenue every year, totalling £208m within the industry, new research indicates.