The majority of cohabiting couples could be leaving their partner unprotected when they die by not leaving a will, as 55% falsely believe the concept of ‘common law marriage' provides the same rights as married couples.
The activity level in pensions lobbying circles has recently edged up a notch or two. We received the White Paper on personal accounts just before Christmas, and now are turning our attention to drafting a response by the deadline of 20th March.
Paul Thornton has issued a consultation asking whether The Pensions Regulator should work more closely with the Financial Services Authority to cover a gap in regulation of IFAs advising on transfers between occupational pensions schemes.
Two thirds of UK adults do not trust the government's pension reform and almost half are less confident in saving for retirement than they were five years ago, according to research from MetLife.
One in three workers feel pension education should be taught in schools, as over 90% believe pensions should be made easier to understand.
Over the past 15 years adult children have drained their parents of around £55bn in savings, claims Scottish Widows.
Investment experts fear a further week of stock market turbulence will spell ruin for the 2006-07 equity Isa season by causing retail investors to run scared from the tax shelters, reports the Times .
The Pension Protection fund has confirmed the levy estimate for the year 2007/08 will be £675m.
Recent volatility in global stock markets, which has seen the FTSE 100 fall 4.4% in three days, has caused UK pension deficits to rise by £11bn, claims Aon Consulting.
People in the UK are more likely to start saving for a pension before buying a property, claims Axa.