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  • Brits need to make sure pension pot is tax efficient - 16th June, 2009

    Brits saving for their retirement have been advised to check they are putting cash aside in the most tax-efficient manner.
    According to Unbiased.co.uk, people in company pension schemes are missing out on huge sums of cash each year as they neglect to save in the best way...

  • Confidence and knowledge key to encouraging pensions saving - 12th June, 2009

    Building confidence and knowledge is the key to improving levels of pension saving among Brits, it has been claimed.
    According to the fourth National Association of Pension Funds' (NAPF) Workplace Pensions Survey, 60 per cent of workers are unsure how much their firm would contribute to their pension if they joined their company scheme, while 66 per cent did not check if their job came with the offer of a pension...

  • HSBC warns of pension crisis - 10th June, 2009

    Brits need to start thinking about their financial futures and plan their retirement pensions, it has been claimed.
    According to a new report from HSBC Insurance titled It's Time to Prepare, only a quarter of those questioned in the UK said they feel prepared for their retirement...

  • New retirement pension announced by Aegon - 9th June, 2009

    A new retirement pension scheme has been revealed by investments firm Aegon, providing a secure income for those requiring a variable annuity.
    The Secure Lifetime Income plan guarantees a minimum regular earning which provides customers flexibility with investments and the ability to grow over time, offering higher returns at retirement age...

  • New retirement pension launched by HSBC - 6th May, 2009

    A new personal pension has been launched in the UK by HSBC, one of the world's largest banking groups.
    HSBC claims that the new retirement pension plan will enable holders to prepare for their old age by investing in a range of different portfolios and combining a tax-efficient wrapper with more stable investments...

  • UK pensions regulations change - 23rd April, 2009

    Alistair Darling announced a number of measures aimed at helping poorer pensioners to make ends meet in yesterday's Budget for the forthcoming fiscal year.
    The chancellor's measures included increasing the number of people who will be eligible for UK pension credit by raising the capital disregard threshold from £6,000 to £10,000...

  • Halifax pensions advice issued - 20th April, 2009

    Halifax has revealed that more than half (52 per cent) of people in the UK do not put money aside in retirement pensions.
    Furthermore, the average consumer is willing to save just £59 a month for their retirement, though most are unable to even do this until the age of 32.
    Coupled with this lack of saving is an unrealistic expectation of what the state can provide. More than two-thirds believe the state pension is higher than its current level of £4,716 a year...

  • ISA savings accounts holders urged to consider pensions - 30th March, 2009

    Holders of ISA savings accounts should transfer part of their funds into retirement pensions, it has been recommended.
    Fiducia, a wealth management and financial planning company, believes that retirement pensions are the only saving regime stronger than ISA savings accounts...

  • Baby boomers 'failing to adapt retirement pensions to new realities' - 17th March, 2009

    Many people in the UK may are failing to review their retirement pension situation in spite of the impact of the current financial crisis on many personal pension plans.
    According to research released by The Hartford, nearly two-thirds of baby boomers - those aged 45 and over - have not reviewed their retirement pension plans in spite of the credit crunch and the ongoing instability affecting many markets...

  • Retirement pensions preferences 'change with age' - 16th March, 2009

    Retirement pensions become increasingly attractive to employees as they get older, according to new research.
    Friends Provident, an annuity and pensions advice provider, conducted a survey which reveals that more than one-third of employees over the age of 50 would prefer an employer to pay pension contributions instead of receiving an annual bonus...

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