Posts Tagged ‘LV=’

Hidden perks single out best life and critical illness insurance

Monday, June 28th, 2010

Many life and critical illness insurance policies include hidden perks that single them out as great value. Some even include your children under your insurance cover. Read More

Pension planning more crucial due to new retirement age

Wednesday, June 23rd, 2010

Continue to base your pension planning on retirement at 65, even if you are hoping to work into retirement, says Friends Provident. Health or other issues could well shatter your plans for a longer working life. Click headline to read more.

June 2010 Budget – Review of Public Sector Pensions

Tuesday, June 22nd, 2010

In today’s June 2010 budget, Chancellor George Osborne has announced that ex-Labour cabinet minister John Hutton has agreed to head up the commission which will rein in the spiralling cost of public sector pensions. Click headline to read more.

Make Pension Planning priority, Parents tell Children

Friday, June 11th, 2010

Parents are urging their children to focus on saving rather than property as the mainstay of their pension planning. Aviva has revealed that 76% of parents advise their children that to rely solely on property is ‘too risky’.

BP share slump wipes billions off UK pensions income

Monday, June 7th, 2010

BP share slump wipes billions off UK pensions income

As BP’s share price nosedives due to the Gulf of Mexico oil spill, pensions income from UK pension funds with large holdings in BP is suffering. A projected pensions income of £15,000 a year could have lost £400.

Pensions annuity still most popular route to pension income

Friday, June 4th, 2010

Most people are still likely to opt for an annuity for pension income, even if the government removes the requirement to do so, experts have said in a new poll.

Top-ups to pension plans – Hurry to beat the Budget!

Friday, June 4th, 2010

The Government is discussing changes in the 40% rate of tax relief on contributions to pension plans. This could include abolishing the 40% rate altogether, and could come into effect with the Budget on 22nd June. Those considering topping up their pension plans may wish to act quickly, in order to beat the Budget!

Government pension review will add 2.5% to basic state pension

Friday, May 28th, 2010

The government pension review confirmed this week will add at least 2.5% to the basic state pension from 2012. This will bring the basic state pension to over £100 per week for a single and £160 for a couple.

State pensions age could be 70, when pensions timebomb blows

Wednesday, May 26th, 2010

State pensions age could be 70, when pensions timebomb blows

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?

Pension income will fall short of expectations by £5,000 per year, says AXA

Monday, May 24th, 2010

Pension income will fall short of expectations by £5,000 per year, says AXA

Many over-45s are deluding themselves about the pension income and lifestyle they will achieve in retirement. For most, their reality will fall short of their hopes by around £5,000 a year, according to AXA.

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