pensions

Legal & General is putting more emphasis on its position in the annuity market by appointing Simon Gadd as the new managing director of annuities.

Almost half of all occupational pension scheme members spend more time reviewing their household bills, than their annual pensions statement, claims research from Watson Wyatt.

Advisers believe the three most important financial planning activities, of saving for retirement, buying a house and saving for the future should all start before a person reaches the age of 26, according to research from Prudential.

Contributions to the final salary pension funds of the top 100 companies increased last year by an average of 30%, according to research by consultants Watson Wyatt.

STANDARD LIFE MEMBERS are to be offered the opportunity to buy cheaper shares as part of the insurance giant's planned flotation, The Daily Telegraph has learned.

Advisers should be aware there may be a double tax charge on Alternatively Secured Pensions (ASP) in some cases following the Budget's announcement on Inheritance Tax (IHT) rules for pensions, claims Skandia.

The latest IFA barometer from Sesame reveals advisers believe the 'revolving door' of ministers at the Department for Work and Pensions (DWP) is adding to the problems in the pensions market.

Nearly a quarter of pensioners believe they do not have enough money for retirement and are considering either selling their home or taking in a lodger, claims research from Prudential.

SOME LIFE ASSURANCE policies written in trust could still be hit by a new tax charge despite government assurances to the contrary, life assurers have warned, reports The Financial Times .

Clerical Medical has announced plans to increase their commission flexibility with the launch of a Stepped Charge Option for group pensions.