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
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
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.
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.
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’.

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.
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.
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!
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, 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?

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.
















