Pensions
Poverty-hit pensioners miss out on cash lifeline
Half a million poverty-hit pensioners could be put back on a firm financial footing simply by taking up the state benefits they are eligible for, a leading charity has claimed. Age Concern and Help the Aged says older people are turning down £5.4bn-worth of extra cash that is rightfully theirs. The money is made up of means-tested benefits and allowances that pensioners fail to claim.
Inside Pensions
Beware provider's charges that could kill growth in your portfolio
Sunday, 28 June 2009
Julian Knight advises how to avoid falling prey to high fees levied by pension and investment firms
Workers wait for pension funds decision
Sunday, 14 June 2009
Nearly 200,000 workplace pension scheme members are waiting to see whether their funds will need help from the Pension Protection Fund.
Julian Knight: Another day, another pensions chief – and it will all end in tears
Sunday, 7 June 2009
So yet another Work and Pensions secretary bites the dust. This time around, James Purnell has chosen to take the long walk off a short pier in a bid to be a latter-day Michael Heseltine. He may get his wish as far as Gordon Brown going is concerned, but he's definitely no Hezza.
Pension deficits soar on inflation fears
Tuesday, 2 June 2009
The funding shortfall faced by the UK's biggest defined benefit pension schemes soared five-fold during May, figures showed yesterday.
Guaranteed pensions can mean taking risks
Sunday, 24 May 2009
There are pitfalls to some flexible annuities, says Alessia Horwich
Julian Knight: The great stink rises – and it's not just expenses
Sunday, 17 May 2009
Forget about paying for moat cleaning, trouser presses and second homes, the MPs' pensions pots are the real scandal
Don't be rushed into choosing an annuity deal
Sunday, 26 April 2009
It's one of the most important financial decisions people make, but few hunt out the best option.
Work until 70 and beyond if you want a decent pension
Monday, 20 April 2009
Study finds we must save more or work longer to match the income of today's retirees, writes Sean O'Grady
Pensioners and high earners hold their breaths for Budget D-Day
Sunday, 19 April 2009
The Chancellor must plug the gaping hole in public finances but has little room for manoeuvre. While scrapping higher-rate tax relief would bring in £7bn, it would damage pensions.
Britons save £59 a month for retirement
Sunday, 19 April 2009
According to new research from the Halifax, 52 per cent of Britons do not contribute to a pension. Those who do make contributions into a pension pay on average just £59 per month, but still want to retire at an average age of 58. The survey also shows that over 70 per cent of Britons overestimate the size of their annual state pension, thinking it is almost double the actual amount: £4,716.
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