Under proposals announced earlier this week, roughly a quarter of employers running final salary pension schemes could face a significant increase in the annual levy they pay into the pension lifeboat fund. Continue reading
Monthly Archives: May 2014
Savers Losing Out by Not Shopping Around
A recent report has suggested that savers in the UK are losing a combined total exceeding £4 billion in interest each year, by keeping their money in poor value “zombie” accounts. Continue reading
Few Saving Adequately for Retirement
Findings published following a recent survey have suggested that many working adults within the UK may need to lower their expectations in relation to their retirement income; after it was found few are saving enough to achieve the retirement income they want. Continue reading
Older Workers to Benefit from Auto-Enrolment
A report recently compiled by the Pensions Policy Institute has suggested that as many as 95 percent of “older” workers are likely to receive good value on their pension contributions, if after they have been auto-enrolled they remain within their workplace pension scheme. Continue reading
Comfortable Retirement Income Figure Revealed
Figures published within a report which was published recently, has revealed that those planning for retirement should look to plan for a retirement income of £15,000 per year. Continue reading
Changes to State Pension to be Introduced
This week it has been announced that the Pensions Bill has been passed into law, which will make the state pension easier to understand, whilst bringing a simple, single flat rate pension “a step closer”. Continue reading
Low Expectations Surround Auto-Enrolment and Pensions
Recently published research has suggested that many employees who have already been signed up to an auto-enrolment scheme have low expectations for their pension savings. Continue reading
Auto-Enrolment Helping People Save for Retirement
Data recently published has suggested that the rollout of auto-enrolment throughout the UK is proving to be beneficial for those sectors which traditionally have a history of not providing a pension. Continue reading
Employees Raise Concerns on Retirement Saving Habits
New research has revealed that many employees within the UK are aware that they need to save more for retirement, if they are to continue to live a comfortable lifestyle. Continue reading
Concerns Over Private School Fees
According to research figures which were recently published, an increased number of parents are considering removing their children from private education, as a result of increased school fees. Continue reading