Defined Contribution Pension Scheme | Independent Financial Advice Service, Pensions and Investment Portfolio Advisers - Principle First

Vodafone hangs up on final salary pension scheme

Friday, November 27th, 2009

As Vodafone becomes the latest large employer to announce it will close its final salary pension scheme, the National Association of Pension Funds has published a new report which paints a gloomy picture for the future of the gold-plated schemes. Only 23% of final salary schemes are still open to new members, and of those, [...]

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Pension savers must urgently monitor defined contribution pension plans

Tuesday, November 17th, 2009

Pension saversÂ with defined contribution pension plans urgently need to monitor the way their funds are invested, to ensure that they will not be â€˜let downâ€™ 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 [...]

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Pensions: ‘If it’s to be, it’s up to me’

Sunday, September 27th, 2009

Changes in the pensions market over the past year indicate that, in future,Â the individualÂ will carryÂ the majorÂ responsibility for his or her ownÂ pensions provision. In terms of securing a decent standard of living in retirement, the old business mantra holds true: ‘If it’s to be, it’s up to me.’

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