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Pensions



Brits 'confused by pensions'
Millions of Britons are unsure over the terms of pension policies and could be jeopardising their retirement income as a result, a new survey suggests.

A poll conducted by Halifax for its Pension Health Check report found that 61 per cent of respondents did not know the difference between a personal pension and a state pension.    Read full story
Other Pensions stories
 -  Brits urged to start saving for pension. Britons who delay planning financially for their retirement face an uphill struggle to save enough to live in comfort, it has been claimed.   7th August 2008 16:42
 -  FTSE 100 pension funds back in the red. Pension funds operated by the top 100 companies in the UK have fallen back into the red after being hit hard by volatility in the financial markets, new figures have shown.   6th August 2008 16:40
 -  Government 'withdrew £400m from pension schemes'. The Department for Business, Enterprise and regulatory Reform (BERR) has withdrawn hundreds of millions of pounds from two pension schemes for miners.   5th August 2008 18:26
 -  FSA calls for more efficient annuity switching process. Pension providers must act to cut the time it takes for people to change provider when converting their pension pot into retirement income, it has been claimed.   1st August 2008 12:26
 -  Retirement age 'to hit 70'. The UK retirement age will rise to 70 if the government is to maintain the value of the basic state pension, the government's pensions adviser has claimed.   31st July 2008 16:35
 -  Inflation fuelling retirement income worries. Soaring inflation is fuelling a rise in the number of Britons concerned about the impact this will have on their retirement income, new figures have revealed.   29th July 2008 16:40
 -  Pensioners to miss out on £100m. Government plans to cut back on backdated welfare payments are set to cost pensioners around £100 million, it has been reported.   28th July 2008 16:52
 -  Pensions Bill amendments announced. Amendments are set to be made to the Pensions Bill 2008 to include an earnings test, according to the government.  25th July 2008 17:20
 -  Pensions fund investment risk for company schemes. Pension funds deficits have grown this year as a result of current investment strategies, according to Deloitte.  25th July 2008 17:01
 -  Collapsed pension scheme members in line for help. Members of collapsed pension schemes which had been deemed to be outside the remit of assistance schemes due to unusual timing of their closure will now be eligible for help, it has been revealed.   24th July 2008 16:34
More Pensions stories

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