pensions

The Government has pledged to make an announcement on the Financial Assistance Scheme (FAS), set up to bail out thousands of pensioners whose employers went bust, in "the next few days".

Lamp posts have a right to stand vertically! In Britain we take it for granted, they stand tall and erect. In southern Spain where I spent ten days resting recently it is a totally different story.

The Government will simplify the calculation on standard tax-free lump sum entitlements, which will benefit the 16 million active and deferred members of private sector defined benefit schemes.

Fidelity's direct arm will refer its new Personal Pension clients to local IFAs when their needs are complex enough to require advice, the group announced today.

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.