pensions

The TUC has urged firms to disclose both pay and pensions details of both directors and employees to investors.

Employers are still falling short of encouraging employees to sign up to company pension schemes, research from Age Concern indicates.

Steve Bee, head of pensions strategy at Scottish Life, says in a new note that rules taking effect on 6 April 2006 could affect some 10 million company pension scheme members to seek advice because of "concurrency".

Miles Templement, director general of the Institute of Directors (IoD) has put the pensions crisis at the top of the organisation's priority list this year.

Pension fund performance in the UK was positive for a second straight year with a 10% increase, research has indicated, however a UK law firm believes that 2005 will not be all roses for the pensions market.

Research suggesting nearly six in ten people admit to never reviewing their pension plans has been cited by the ABI as a reason for upgrading its online pensions calculator.

Pensioners who have not yet claimed from the Pension Credit scheme are being urged to do so, as the average payout to a new applicantis around £1,000.

Confidence amongst Brits regarding their annual retirement income rose 10% this year despite the talk of a pensions crisis, research indicates.

The Treasury has announced further steps towards regulating controversial home reversion plans.

A lack of self-regulation has contributed to actuarial advice becoming distinctly lacking in transparency, while the overall profession has been seen as to ‘insular' and cumbersome in adapting to changes, suggests a Government-commissioned report.