Posts Tagged ‘Mortgage Insurance’

Income drawdown an eye-catching option, as pension age rises

Tuesday, January 19th, 2010

Income drawdown

Planned increases in the state pension age are likely to lead many to use income drawdown in their retirement planning, as they seek out ways to tap into their personal pension before they reach state pension age.

Don’t wait for Government – act now on your personal pension

Friday, January 8th, 2010

Personal Pensions

As the government rebrands its personal pensions scheme as NEST (National Employment Savings Trust), industry experts are warning savers not to wait for the new workplace pension scheme, which will not be fully operational until 2017.

Pension quality mark for occupational pension schemes shows flaws in government plan

Tuesday, January 5th, 2010

Occupational Pension Schemes

Flaws in the government’s planned ‘Personal Account’ pension scheme have been highlighted by new quality standards for company or occupational pension schemesfrom the National Association of Pension Funds (NAPF).

Need for mortgage advice and pensions advice highlighted

Tuesday, December 22nd, 2009

Need for Mortgage Advice & Pension Advice

Consumers feel confused and daunted by the prospect of comparing products, when shopping around for mortgages and personal pensions, according to a new survey published this week by the retail industry watchdog Consumer Choice.

Personal Accounts: Employers recommend external advice

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.

New thinking needed in defined benefit pension schemes

Monday, November 23rd, 2009

As UK pension funds continue to announce massive shortfalls in funding for direct benefit pensions, a new report indicates that the management practices of many funds has not been revamped in the last decade to streamline decision-making and address issues of funding, strategy and risk.  This has happened despite dramatic changes in the market, and [...]

Rising costs to companies as workers delay retirement

Wednesday, November 11th, 2009

The number of people working past retirement age will double over the next ten years, as employees struggle to defer a drop in their living standard due to inadequate pension provision.  The rising number of older workers may mean additional costs to companies, as their payments of death-in-service benefits and insurances increase accordingly.  There will be [...]

Are you saving enough into your pension for retirement?

Thursday, October 29th, 2009

How is your pension provision? Unless you are Sir Fred Goodwin, who recently resigned as chief of the Royal Bank of Scotland with an annual pension of £703,000, your current personal pension provision may be in need of some attention. The basic State Pension, which was sufficient to sustain several post-war generations, was linked to [...]

Personal pension or SIPP?

Wednesday, August 5th, 2009

One interesting option for the larger pensions saver who wishes to have more control over their pensions investment is the Self-Invested Pension Plan (SIPP).

Personal pensions: Our 5 top tips

Wednesday, August 5th, 2009

The burden of pension planning is shifting towards the private individual. Here we give our top 5 questions to consider, when planning a personal pension.

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