Pensions & annuities
 
 
 
 

Pension News

Nov 20 2008

Proposed changes to pension protection levy announced

The Pension Protection Fund (PPF) has announced proposals which would see the levy paid by eligible pension schemes become more tailored to the individual risk those schemes pose to the fund.

Among the suggestions made by the organisation were the assessment of the probability of a scheme's sponsoring employer going bust during a five-year-period and taking account of the risk that a scheme's investment strategy poses.

According to the PPF, taking account of more long-term risks would mean that the levy payers will be subject to fairer bills.

Nov 19 2008

Pension contributions 'fall'

The amount of money that workers are saving for retirement has fallen considerably, new figures suggest.


Nov 18 2008

'Urgent action' required over pension funds

Immediate action is required to stop workers from cancelling their pension contributions, a firm has warned.


Nov 17 2008

Brits expecting to delay retirement, study says

As a result of the ongoing credit crunch and the effect it has had on pension investments, many Britons are expecting to have to delay retirement, it has been found.


Nov 14 2008

Govt to review pension safeguards

The government has revealed it is to review the safeguards which prevent employers form abandoning their pension schemes.


Nov 13 2008

Scottish retirees 'benefiting from increase in equity of homes'

In news which may be of interest to those saving for retirement, new figures have suggested that people aged 65 and above in Scotland have seen an increase in the value of equity in their homes.

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