Pensions News
Aviva call for compulsory annuity rate publishing
Friday, June 3rd, 2011 by mattcolleyAviva, one of the largest pension and annuity providers in the UK, have called on the Government to alter the rules surrounding the publishing of annuity rates for comparison.
Ministers move to allay fears thousands will drop out of public sector pensions
Friday, June 3rd, 2011 by mattcolleyGovernment ministers today moved to allay fears that thousands will drop out of the public sector pension scheme, because of plans to increase their contributions from next year.
Public sector workers set to opt out of gold plated pension schemes
Thursday, June 2nd, 2011 by mattcolleyTens of thousands of public sector workers are expected to opt out of their gold plated pension schemes when the government bring in plans to increase contributions by three per cent from April next year.
Treasury propose to cut tax relief from pension compensation payments
Wednesday, June 1st, 2011 by mattcolleyThe Treasury have proposed plans to remove tax relief from compensation payments as a result of mis-selling of pensions in the 1980s.
Investors turn to pension contributions as number of higher rate taxpayers increases
Tuesday, May 31st, 2011 by mattcolleyAn increase in pensions contributions is expected, after the HMRC released new statistics showing a 20% expected increase in the number of people who will be paying higher rate tax contributions next year.
Half of Britons expect to be poorer than their parents in retirement
Thursday, May 26th, 2011 by mattcolleyA new report published this morning has revealed that half of Britons expect to be poorer than their parents in their retirement, because they have failed to save enough money.
Thousands of over-65s won’t be able to afford to retire
Wednesday, May 25th, 2011 by mattcolleyA recent retirement survey from insurer LV= has found some shocking new findings regarding the state of Britain’s retirement savings, and many peoples lack of readiness for their latter years.
New annuity offer could tempt prospective pensioners
Monday, May 23rd, 2011 by mattcolleyA new annuity offer for over 55-year olds could massively change the way pensions and annuities are offered, but will it benefit the customer?
TUI Travel merges pension schemes to plug holes
Friday, May 20th, 2011 by mattcolleyThe largest tour operator in Europe, TUI Travel, have revealed plans to merge four of their six active pension schemes in a very unusual restructuring plan.
Pensions back under attack as government slaps new levy on private fund
Tuesday, May 17th, 2011 by mattcolleyThe government have placed a new levy on private funds
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