Pensioner Investment/Savings

Retired people aged between 65 and 74 need to come up with an extra £429 a year to enjoy the same standard of living they experienced last year, it has been claimed.A new report from retirement adviser MGM Advantage has revealed that the cost of living for people in this ... read more

Gas and electricity customers should be prepared for a nasty shock when they receive their winter fuel bills, one price comparison firm has suggested.Despite price reductions from many energy suppliers, the annual energy bill has increased by 36 per cent compared with the beginning of 2008, according to independent comparison ... read more

The UK's largest defined benefit (DB) pension schemes now have a funding shortfall of more than £100 billion, according to new research.Anew report from Aon Consulting has revealed that the 200 biggest DB pensions, including final salary schemes, have a collective deficit of £103 billion.The figure represents a monthly increase ... read more

The Pension Protection Fund (PPF) recently published its Pension Protection Levy Policy Statement for 2010 to 2011.Included in the statement were the board's aims and objectives for protecting UK pension schemes in the coming years.The report revealed that the PPF plans to collect an overall levy of £720 million during ... read more

A recently announced Levy Policy Statement from the board of the Pension Protection Fund (PPF) offers a mixed bag to most levy-paying pension schemes, according to one industry body.The National Association of Pension Funds (NAPF) said the announcement the levy would be held stable was to be welcomed.However, NAPF chief ... read more

Sharp rises in inflation rates were experienced by all age groups in November, according to the Alliance Trust Research Centre.Latest figures from the organisation show that 50 to 64 year-olds and those aged between 30 and 49 were most affected, after rates jumped from 1.9 per cent to 2.8 per ... read more

Sharp rises in inflation rates were experienced by all age groups in November, according to the Alliance Trust Research Centre.Latest figures from the organisation show that 50 to 64 year-olds and those aged between 30 and 49 were most affected, after rates jumped from 1.9 per cent to 2.8 per ... read more

Consultants Hymans Robertson has taken issue with a recent report from the Pensions Regulator.Last week, the Regulator suggested that some savers were being offered inducements by trustees to "transfer out" of a final salary scheme and into another kind of plan.Final salary, or defined benefit, pensions tend to come with ... read more

The 'value for money' provided by private pensions is a key concern of financial advisers, analysis from researchers at Defaqto have said.According to the firm's Retirement Savings and Income Report 2009, value is the most important of 39 separate Satisfaction Disciplines rated and ranked by the nation's advisers.Last year, the ... read more

A new official household wealth survey has shed light on the retirement plans of Britons. According to the Office for National Statistics (ONS), overall "household wealth", including property, pensions and personal assets, hit £8 trillion between 2006 and 2008. When asked whether or not they expected to enjoy a "comfortable" ... read more