pensions

Just over three quarters of potential UK investors (18.75 million) are not benefiting from tax relief on a personal pension which could boost their savings by £5.5bn per annum.

There's been a lot of discussion about personal accounts in the last few weeks. In mid-June the DWP issued its statement on the responses it received to the White Paper consultation earlier this year, and took the opportunity of making some decisions...

Clerical Medical has introduced a new pension commission model designed to award IFAs for persistent business.

Fidelity International is warning people who plan to wait for the introduction of personal accounts in 2012 could miss out on a significant amount of retirement savings.

The Association of IFAs says the Government must consider the need for advice on personal accounts before the scheme can be fully embraced.

A third of Brits are financial fantasists, according to a survey by National Savings and Investments, a UK financial provider.

The Government today promises personal accounts will "complement rather than compete" with existing pension provision.

Around 12 million people have never reviewed their pension plans while a further 1.37 million have not carried out a pension review in the last five years, according to research by Barings Asset Management.

In usual ‘dance of the seven veils' style, the Government is slowly teasing us with glimpses of what the personal accounts scheme will look like.

Pension campaigners have expressed their delight at the House of Lords support for the establishment of a pension protection lifeboat fund.