Wednesday, May 26th, 2010
State pensions, soon to be re-linked to inflation, are likely to be more generous than before. There will be more pensioners drawing state pensions, but less workers funding each pension. It’s not rocket science. Something’s gotta give. Where will you be, when the pensions timebomb blows?
Tags: AIB Bank, Basic State Pension, Best UK ISA Funds, Financial Advice Northern Ireland, Government Pension, Life Policy, LV=, Maximum Pension Contribution, Office of Fair Trading, Pension Advice, Pension Planning, Pensions, Retirement Planning
Posted in Pensions News | No Comments »
Friday, May 21st, 2010
Less than 1 in 5 people planning to retire in 2010 will take pension advice from a qualified pension planner, according to Prudential.
Tags: AIB Bank, Life Policy, LV=, Office of Fair Trading, Pension Advice, Pension Planning, Pensions Advice, Prudential, Retirement Planning, Second Home In Spain
Posted in Pensions News | No Comments »
Wednesday, May 19th, 2010
The election and the ‘week of indecision’ caused stock market turbulence that played havoc with the projected pension income of savers. Your projected annual pension income could have varied by almost £800, depending on when you retired in the elections fortnight. What a difference a day makes … when you’ve a pension plan to worry about.
Tags: AIB Bank, Aon, Credit Reference File, Defined Contribution Pension Scheme, Life Policy, Lufthansa, LV=, M&G Corporate Bond, Office of Fair Trading, Pension Advice, Pension Income, Pension Planning, Pension Plans, Retirement Planning
Posted in Pensions News | No Comments »
Tuesday, May 11th, 2010
The pensions landscape is braced for further changes, as a new Government is expected to continue reshaping pensions provision in the UK. The only certainty is that pension planning by the individual has never been more critical, in an age when other stakeholders seek only to reduce their commitment to pensions provision.
Tags: AIB Bank, Basic State Pension, Best UK ISA Funds, Co-Operative Bank, Commercial Loans, Company Pension Scheme, Company Pensions, Life Policy, Londonderry Financial Adviser, LV=, Pension Advice, Pension Credits, Pension Planning
Posted in Pensions News | No Comments »
Monday, May 10th, 2010
New rules on taxation may mean that standard company pensions are now an inefficient way of retirement saving for high earners, according to the pension benefits consultancy Pension Capital Strategies (PCS). Quality pensions advice from qualified specialists is needed to evaluate the new realities for members of company pensions schemes.
Tags: AIB Bank, Co-Operative Bank, Commercial Loans, Company Pension Scheme, Company Pensions, Investment News, Life Policy, MetLife, Occupational Pension Scheme, Occupational Pensions, Pension Advice, Pensions and Retirement, Spanish Investment
Posted in Pensions News | No Comments »
Friday, April 30th, 2010
The average UK retired household pays out 30% of pension income to the taxman, according to new data published by insurer MetLife Europe.
UK pensioners lose this large slice of their pension income through a combination of direct and indirect taxes, which nets a total of £34 billion for the Revenue.
Tags: AIB Bank, Financial Planning, Free Banking, HMRC, Income Tax, Life Insurance Products, Life Policy, Occupational Pensions, Pension, Pension Advice, Spanish Investment
Posted in Pensions News | No Comments »
Wednesday, April 28th, 2010
UK adults are now facing a retirement of 20 years plus, as men are predicted to live to 86 and women 89. Prudential reveals that 55% of British adults fear they may run out of finance in retirement, and are now boosting their pensions planning with second pensions, or other savings and investments.
Tags: AIB Bank, Enterprise Investment Schemes, Environment, Financial Planning, Financial Planning Advice, Friends of the Earth, Independent Financial Advice, Life Policy, M&G Corporate Bond, Pension Advice, Pension Plans, Pension Savings, Prudential, Second Home In Spain
Posted in Pensions News | No Comments »
Monday, April 26th, 2010
Every UK company will soon be required to offer pensions to all employees, following the launch of the National Employment Savings Trust (NEST). However, employers who act now can still exempt themselves from NEST by setting up their own scheme.
Tags: AIB Bank, Basic State Pension, Best UK ISA Funds, Co-Operative Bank, Commercial Loans, Company Pension Scheme, Company Pensions, Financial Advice Northern Ireland, Government Pension, Life Policy, Londonderry Financial Adviser, Maximum Pension Contribution, NEST, Pension Advice, Pension Credits, Pension Quality Mark, Pensions, State Pension
Posted in Pensions News | No Comments »
Monday, April 19th, 2010
Pension advice is crucial for those considering transferring a pension – especially those in an occupational pension scheme who are being encouraged to transfer by an employer. Care is needed, though, as the standards of pension advice vary widely, and are still causing concern to the Office of Fair Trading (OFT).
Tags: AIB Bank, Commercial Loans, Company Pensions, Investment News, ISAs, Life Policy, Mortgage Protection Insurance, Mortgage Rates, Occupational Pension Scheme, Occupational Pensions, Office of Fair Trading, OFT, Pension Advice, Pension Transfer Advice, Pension Transfers, Private Pension, Private Pensions, Spanish Investment, SVR
Posted in Pensions News | No Comments »
Wednesday, April 14th, 2010
Pension savers who saw the value of their pensions fall by 20% during the economic storm of 2008/9 could have to triple their pensions contributions, to stay on course with their retirement planning.
Tags: AIB Bank, Enterprise Investment Schemes, Environment, Financial Advisers, Financial Planning, Financial Planning Advice, Guaranteed Investments, Life Policy, London Stock Exchange, Office of Fair Trading, Pension Advice, Pension Contributions, Pension Savings, Retirement Planning
Posted in Pensions News | No Comments »
