Retirement Planning

Energy regulator Ofgem's announcement that it is to review its 65-day consultation review will make "very little difference" to consumers, it has been claimed.Following concerns about the rule, the regulator announced that it is to review the length of the period in a bid to promote best practice among energy ... read more

Political parties should put their differences aside in order to deliver "much needed" improvement in social care for older people.This is the view of charity Age Concern and Help the Aged, which has called for political harmony on the subject ahead of a care reform meeting to be held by ... read more

Inaccurate data and poor record keeping could cost the UK's pension schemes millions of pounds in the long run.This is the view of leading insurance group AEGON, which has backed the Pension Regulator's calls for improved governance of pension schemes.According to AEGON, poor record keeping could see variations of up ... read more

Actress Honor Blackman has joined the Equitable Members Action Group (EMAG) in calling on the government to make tax-free payments to the oldest of the people currently awaiting compensation payment following the financial problems at Equitable Life.EMAG has asked ministers to make the £214 million payment which will see a ... read more

One in ten Britons are leaving their heating "blazing all day" in empty homes despite admitting they are concerned about a "winter hangover" in their bills.Figures from a new report from price comparison site confused.com have revealed that 76 per cent of UK households have become more aware of their ... read more

Britons in the pre-retirement age group are facing the highest rate of inflation for more than a year, according to new figures.The Alliance Trust Research Centre has said that people aged between 50 and 64-years are currently facing inflation which is 43 per cent higher than the official rate.Inflation for ... read more

An additional learning tool has been issued by the Pensions Regulator in a bid to improve the governance of the UK's pension schemes.The online "bite-sized" learning module follows the regulator's recently-published guidance on good record keeping.Highlights of the new module include two and 12-minute "overviews", which are intended to show ... read more

A number of fixed-price energy deals are set to come to an end leaving millions of UK households facing increased energy bills, one price comparison service has claimed.Figures from a recent report by uSwitch.com have revealed that six price guarantee plans are due to close soon and could leave the ... read more

Ofgem, the energy regulator, is to publish a consultation on price increases with a bid to see customers better informed about price alterations.The discussion is set to be launched after Ofgem voiced concerns that current regulations mean suppliers can inform customers of price changes up to 65 days after they ... read more

Retirees are going to have their pension incomes increasingly affected by low annuity rates, it has been claimed.Independent pensions expert Dr Ros Altmann has said that the rates have been getting progressively worse over the last 20 years and the trend is set to continue.The comment follows the publication of ... read more