Thursday, November 26th, 2009
Smaller employers with past experience of successfully implementing legislative changes in the workplace have named external advice as the key ingredient of a smooth transition.
The Department for Work and Pensions (DWP) has published a survey of 28 companies with 1-49 employees, which have gone through the process of implementing change in the past.
Tags: AIB Bank, Co-Operative Bank, Company Pension Scheme, Department for Work and Pensions, DWP, Mortgage, Mortgage Advice, Mortgage Insurance, Office of Fair Trading, Personal Accounts, Personal Accounts Scheme, Personal Pensions, Retirement Planning, UK Stockbrokers, UK Sustainable Investment & Finance Association
Posted in Pensions News | No Comments »
Tuesday, November 17th, 2009
Pension savers with defined contribution pension plans urgently need to monitor the way their funds are invested, to ensure that they will not be ‘let down’ by the performance of their pension fund. Pensions specialist Aon Consulting has this week revealed that recent volatility on the stock markets has created great uncertainty over the value of [...]
Tags: AIB Bank, Aon Consulting, Co-Operative Bank, Company Pension Scheme, Credit Reference File, Defined Contribution Pension Scheme, Low Interest Rates, LV=, Office of Fair Trading, Pension Funds, Pension Planning, Retirement Planning, Standard Variable Rate
Posted in Pensions News | No Comments »
Friday, November 6th, 2009
Most UK company pension schemes fail to offer adequate advice to retiring savers, the Pensions Regulator has found. In particular, retirees are not always made aware of the need to ‘shop around’ when investing their pension pot, thus creating a risk that they will have substantially less to live on than they could have realised in [...]
Tags: AIB Bank, Co-Operative Bank, Commercial Loans, Company Pension Scheme, Company Pensions, Loan Insurance, Money Purchase Pension Scheme, Office of Fair Trading, Pension Annuity, Pensions Regulator, Retirement Planning
Posted in Pensions News | No Comments »
Tuesday, November 3rd, 2009
High earners who will save for their pension under the government’s planned Personal Accounts Scheme may face an Inheritance Tax liability on part of their benefits. Latest details from government have indicated that lump sum death benefits provided under the Personal Accounts Scheme would be subject to Inheritance Tax. This is a major difference to [...]
Tags: AIB Bank, Co-Operative Bank, Commercial Loans, Company Pension Scheme, Company Pensions, First Time Buyer Mortgage, First Time Buyer Mortgages, Gilts, IHT, IHT Planning, Inheritance and Tax Planning, Inheritance Tax Liability, Life Policy, Mortgage, Mortgage Advice, Pension Advice, Personal Accounts, Personal Accounts Scheme, Remortgages
Posted in Pensions News | No Comments »
Wednesday, August 5th, 2009
When considering a company pension scheme, there are many questions to answer. It is crucial to remember that a company pension is part of a larger package of employee benefits, which may vary considerably from company to company.
Tags: AIB Bank, Co-Operative Bank, Commercial Loans, Company Pension Scheme, Company Pensions, Critical Illness Policy, Employee Benefit Packages, Financial Adviser, Fixed Rate Mortgages, Group Personal Pension, Income Protection Insurance, Maxi ISA Contribution, Mortgage Deposit, Northern Ireland Bank, Pension Scheme, Personal Pension, Retirement
Posted in Pensions News | No Comments »
Friday, July 17th, 2009
The latest budget poured a bucket of ice water over the enthusiasm of most private companies for company pension schemes. It certainly seems likely that, in future, the onus will be on the financially aware individual to look after his own pension provision. This raises the prospect of planning and setting up a personal pension [...]
Tags: Co-Operative Bank, Commercial Loans, Company Pension Scheme, Company Pensions, Inheritance Planning, Legal & General, LV=, Maxi ISA Contribution, Mortgage Deposit, Mortgage Payment Protection, Northern Ireland Bank, Northern Ireland IVA, Pension Planning, Pension Scheme, Personal Pension, Principle First, Repossessed Spanish Property, Retirement, Retirement Income
Posted in Financial Planning News | No Comments »
Friday, June 26th, 2009
That old lady known as the ‘Nanny State’ has taken another battering with regards to retirement planning this summer. New research, by PriceWaterhouseCoopers, reveals that the burden of pension provision is shifting further towards the private individual, as private sector employers dismantle or freeze their previous company pension commitments. Over three-quarters of companies said that the tax proposals in the [...]
Tags: AIB Bank, Co-Operative Bank, Commercial Loans, Company Pension Scheme, Company Pensions, Mortgage Insurance, Mortgage Overpayments, Office of Fair Trading, Pension Quality Mark, Personal Pensions, Pricewaterhouse Coopers, Retirement Planning, State Pension
Posted in Pensions News | No Comments »
