As many as 18 million homeowners are banking on their property to fund their retirement income, indicates new research.
IFA firm Worldwide Financial Planning has launched its own A-day website to help consumers understand key pension changes taking affect in April 2006
About 40% of people say they are aware of not saving enough for their future well being, while more than half are clueless as to the amount they should be saving, research indicates.
IFAs will need to look in every "nook and cranny" of the recently passed Pensions Bill because of the number of provisions it contains, warns pensions expert Stewart Ritchie.
Up to 80% of affected firms are not prepared for the Inland Revenue's pensions simplification set for April 2006, Hewitt Associates research suggests.
Research by provider JPMorgan Fleming suggests women in the UK on averge already expect to have lower incomes in retirement than men.
Three out of four employers with final salary pensions say they are certain to face future funding dilemmas, indicates new research from the National Association of Pension Funds.
Final changes to the Pensions Bill will be known today with one last push to pass an amendment concerning the 75-age rule affecting annuities, says Liberal Democrat pensions spokesman Lord Oakeshott.
Many young people in the UK are still not convinced they will have enough money in retirement, and therefore plan to purchase a second property in the next five years to supplement their pension, indicates new research.
Although two issues, pensions and housing, have received their fair share of coverage this week, it seems as if MPs have chosen the easier routes to voters hearts and minds.