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Brits urged to contact IFAs for retirement advice

Friday, March 19th, 2010

Just eight per cent of people in the UK approach independent financial advisers (IFAs) to discuss their retirement plans, new research has revealed.The study, conducted by the Safe Home Income Plans (SHIP), found that four times this proportion (32 per cent) scan the internet for such advice.According to the equity ... read more

Baby-boomers ‘confused about finances’

Friday, March 19th, 2010

People belonging to the baby-boomer generation are risking their future by not understanding financial management.That is according to a new report from AXA Wealth which found that only a third of Britons between the ages of 46 and 65 years are prepared for retirement.However, a fifth do not know how ... read more

SHIP: Majority of Britons to claim state pensions

Thursday, March 18th, 2010

A significant percentage of Britons are planning to rely on the state to fund their retirement, according to new research.Figures from a recently-published study by SHIP, the equity release trade body, revealed that 91 per cent of respondents intend to claim state retirement benefits.The figure comes despite 91 per cent ... read more

Unbiased.co.uk: Retirement planning is top service requested by IFAs

Thursday, March 18th, 2010

Advice on retirement planning is the number one service being sought by people contacting independent financial advisors (IFA), it has been claimed.Consumer advice website unbiased.co.uk has revealed that 39 per cent of people using its service in February were seeking advice on retirement planning.By way of comparison, investment and savings ... read more

Britons are not living within their means, says uSwitch

Thursday, March 18th, 2010

Millions of Britons are using credit cards and overdraft facilities to make ends meet each month, according to a new report.Data from a study by uSwitch.com has revealed that 13 million Britons are just breaking even each month, while 5.4 million are spending more than they earn.According to the price ... read more

Government announces details of low cost pension scheme

Wednesday, March 17th, 2010

Britons are to be offered a new low cost pension scheme after the government set out expected charges for the National Employment Savings Trust (NEST).The measures are expected to allow millions of UK citizens the opportunity to save for their retirement.Angela Eagle, minister of state for pensions and the ageing ... read more

Will a pension income be enough to fund your retirement?

Tuesday, March 16th, 2010

British workers fear that their pension savings will not be enough to see them through their retirements, according to new research.Data from a recently-published report from savings specialist Hymans Robertson has revealed that more than two-thirds of Britons are concerned that they are not saving enough for their retirement.The study ... read more

NAPF unveils new pension film

Tuesday, March 16th, 2010

A new short film, entitled The Long Weekend, has been released in a bid to encourage British workers to start saving into a pension scheme.The film, which has been unveiled by the National Association of Pension Funds (NAPF), is intended to target the millions of UK workers who either have ... read more

NAPF unveils new pension film

Tuesday, March 16th, 2010