pensions

Final salary scheme funding jumped back into a £23bn surplus in November - the largest single monthly rise on record, Aon Consulting says.

Pensions alone cannot solve a looming retirement crisis caused by the baby boomer effect and a radical rethink is needed, according to pensions expert Ros Altmann.

Pensions experts are disappointed the Government has not taken the opportunity to review the 75 year rule on annuity purchase in the Pre-Budget Report.

The main challenge for public pension reform is encouraging low to middle income workers into saving for retirement, research from B&CE Benefit Solutions suggests.

Just Retirement shares have soared over 50% this morning after the company confirmed it is in preliminary talks over a potential offer.

Pension savers are still at risk of losing thousands of pounds despite industry initiatives to speed up transfers, according to Virgin Money.

Almost half of the entire UK population is not saving for a pension, research from YouGov suggests.

Mortgage advice searches on unbiased.co.uk have declined dramatically while personal protection enquires have risen as recession fears mount.

Axa has launched its Save More Tomorrow pension plan, which automatically increases the level of contributions over the duration of the pension.

Threadneedle has boosted its Defined Contribution (DC) pensions team following the acquisition of Invesco Perpetual's DC business earlier in 2008.