Retirement Planning

Financial advisers have been reminded by the Association of British Insurers (ABI) that changes to the National Minimum Pension Age are due to be implemented on April 6th.The organisation has urged advisers to ensure the necessary arrangements are in place so that applications for annuities are submitted before March 1st.Maggie ... read more

An improved governance process will enable defined contribution (DC) pension scheme members to "navigate their way through the complex decisions they will face", according to one financial body.This is the view of the Investment Management Association (IMA) following the publication of draft principles on governance laid out by the Investment ... read more

Defined contribution (DC) pension schemes have increased in popularity over the last 20 years and are set to become yet more popular, according to a new report.Findings from a study by the Investment Governance Group (IGG) have revealed that the number of people taking out DC schemes is set to ... read more

Damage caused, in large part by the severe weather condition faced by the UK over the past few months, has resulted in more than £35 million pounds worth of insurance claims, it has been suggested.New figures published by Sainsbury's Home Insurance have revealed that almost 16,000 claims have been made, ... read more

Two new initiatives, intended to increase the standards of corporate governance in regard to pension schemes, are to be launched by the National Association of Pension Funds (NAPF).The organisation has announced the opening of Corporate Governance Pension Connections, a dedicated service designed to provide "expert thinking" to investment managers.David Paterson, ... read more

The poor situation pension savers are currently faced with would be "even more desperate" if it wasn't for the recent revival of the stock market, according to one industry expert.A recently-published report from financial advice service, Moneyfacts has revealed that a recent revival in the stock market contributed to the ... read more

Hundreds of pension experts are to meet in Edinburgh next month to discuss the challenges facing the pension market.The conference is to be held by the National Association of Pension Funds (NAPF) in order to highlight what issues the market will face as the UK recovers from recession.Joanne Segars, NAPF ... read more

The total deficit of pension schemes in the UK with more liabilities than assets increased by £12.1 billion last month, a new report has shown.Figures from the latest 7800 Index Update from the Pension Protection Fund (PPF) have revealed that the total deficit held by those schemes in deficit stood ... read more

Pension schemes in the UK could be left exposed by a decline in the amount British firms allocate to dividends, a new report has suggested.Figures from the latest dividend study by Capita Registrars UK have revealed that British companies cut dividends by £10 billion last year.According to the report, firms ... read more

The total accumulated deficit of pension schemes in the UK is still above £90 billion despite recent decreases, according to the Pension Protection Fund (PPF).Figures from the organisation's latest monthly bulletin have revelled that despite a fall of £42.2 billion between November and December 2009, the deficit still stood at ... read more