Friends Prov calls for annual allowance cut

Friends Provident have called on Alistair Darling, chancellor of the exchequer, to make a cut in the annual pension allowance instead of removing higher rate tax relief ahead of the Budget.

Baby boomers unsure how to survive retirement: Axa

The baby boomer generation are not prepared for their financial future and many of them are concerned their finances will not last the duration of their retirement, according to Axa Wealth.

Retirement planning is number one advice driver

Retirement planning continues to be the number one advice driver when searching for an independent financial adviser, the latest figures from Unbiased revealed.

Carey Pensions teams up with Albert E Sharp stockbroker

Carey Pensions UK, the self-invested personal pension provider, has teamed up with recently re-launched stockbroker Albert E Sharp to provide its discretionary fund manager services in a pension wrapper.

PPF to diversify £3.9bn portfolio asset allocation

The Pension Protection Fund has announced its intention to diversify the asset allocation of its £3.9bn portfolio into private equity and infrastructure in a bid to boost investment returns.

Variable annuity sales down 9% to £1.05bn

The value of variable annuity sales fell to £1.05bn last year, according to research by consultants Towers Watson.

Public sector pensions need reform: Lib Dems

Government ministers have failed to grasp the need to reform public sector pensions, according to Steven Webb of the Liberal Democrats.

Retirement planning unpopular with women: Defaqto

Women are failing to plan for their financial futures and should undergo a financial makeover, according to Defaqto.

NAO finds shortcomings in Treasury projections

The Treasury’s calculations for the future cost of public sector pensions fail to consider the possibility of an increasing workforce and longer life expectancy, the National Audit Office has warned.

Older workers outstrip new EU market entrants

The workforce deficit has to be plugged by increasing the number of older workers, according to a study by Allianz.

Experts reveal benefits of obsolete pension schemes

Members of final salary schemes may get more cash if their pensions were not amended properly, according to pension experts from BDO Investment Management.

Feature

Tarred with the same brush

Not all Equitable Life policies are bad, in fact those holding retirement annuity policies and executive pension plans are onto a good thing

Comment

Groundhog Day

Remember the film Groundhog Day?

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Coggan: There are plenty of ways to skin a fat cat

The government's plans to reform pensions tax relief system have simply created a mess that it is hard to see being tidied up.


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