pensions

Consumers want to see a major cultural shift in the handling of 'later years' financing which could make take-up of savings from supermarkets, football clubs or charities more popular, suggests research.

TWO directors of David M Aaron - the independent financial adviser firm which was banned for issuing misleading literature on high-income "precipice" bonds - are now promoting venture capital trusts (VCTs), according to this morning's Times .

Scottish Life has introduced an online voting tool to its BeeHive website to give IFAs another platform for expressing their views on key pension issues.

The average UK worker has a pension shortfall of around £50,000, according to a study by Datamonitor.

THE PENSIONS CRISIS has failed to dent people's desire to take early retirement, as a study the number of men drawing their pensions at or before 60 has dropped, says the Guardian .

Women are paid less, save less, are less likely to benefit from employer contributions to pension schemes, the Association of British Insurers confirms in new research.

Fears over the short-term state of the housing market have been sparked by a number of differing monthly indices, reports and surveys, all suggesting some change is ongoing.

Pension trustees are being urged by Dutch bank ABN Amro to look beyond the bog-standard solution of cash, equities and bonds in the search for better outcomes for the pension funds over which they hold sway.

NORWICH UNION is under pressure to disclose how much it has set aside to cover mortgage endowment shortfalls, says the Daily Telegraph.

Britain's savings gap is likely to widen even further as most people underestimate their life expectancy by more than half a decade, warns the Society of Financial Advisers.