Pension News

Aug 19 2008

Standard Life adds benefits to Sipps proposition

People looking for ways to aid saving for retirement may be interested in changed to Standard Life's Self Invested Personal Pensions (Sipps) investment deal.

Sipps, described as "modern, flexible [and] innovative" by the company, enables customers to build up a pension by regularly investing or putting in occasional lump-sum amounts. Tax-free sums and income can then be withdrawn as an alternative to pension annuities, it explained.

Now, the package on offer includes access to more than 1,000 funds from its own and other investments, a Net Asset Value deal on funds and discounts on annual administration charges.

Aug 18 2008

Saving for retirement 'means saving for excitement'

Madonna may be an idol for many reasons, but for the over-50s she is one of many for whom the half-century means new challenges, according to Alliance & Leicester.


Aug 15 2008

Scots 'not aware' of pension income

A study released by Aegon UK this week has shown Scottish people nearing retirement are the most likely to see it as the beginning of old age.


Aug 15 2008

Those saving for retirement should factor in health

Legal and General has drawn attention to the issue of illness for people saving for retirement.


Aug 13 2008

LCP: Life expectancy affects pension scheme funding

Longevity assumptions are almost as important as investment variability to pension scheme funding levels, a firm of actuaries and consultants has said.


Aug 13 2008

Debts rising for retirees, says study

Research released by a retirement planning company has found people are heading towards debt rather than saving for retirement.


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