Retirement and Pensions in the UK

News Headline

Mail Online- 26th January 2012

Delay in pension reform means 4.5m will lose out Around 4.5million workers will miss out after a controversial decision by the Government to delay the biggest shake-up of pensions in a generation.
Ministers have postponed the introduction of rules which for the first time will force bosses...
Leading Article

Guardian - 28th January 2012

How the biggest ever state pension changes will affect millions of women Charges to the new minimum state pension age will hit women disproportionately. So what can you do to soften the blow?
The next five years will see the biggest changes ever made to women's pensions, with millions seeing their state retirement age delayed...
Leading Publicaton

Department for Work and Pensions - 26th January 2012

Department for Work and Pensions Britain’s population is ageing rapidly. Record numbers of centenarians are predicted over the coming years and life expectancy, overall, is steadily increasing. These events will pose a number of challenges to Britain. One of these is age discrimination, which prevents the social...
Pension Industry News

Independent - 28th January 2011

Pension Industry News Local authorities have been urged to scrap investments in tobacco firms after an investigation by The Independent revealed that their pension funds have an estimated £2bn stake in firms such as Imperial and British American Tobacco.
Pension Facts
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The data shown here has been selected by the PPI to answer those questions we are most frequently asked - or those questions which we suggest should be more frequently asked - but where the data is not easily available from other sources.
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The population of the UK is ageing. Over the last 25 years the percentage of the population aged 65 and over increased from 15 per cent in 1985 to 17 per cent in 2010, an increase of 1.7 million people in this age group.
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Millions of people are not saving enough to have the income they are likely to want in retirement. Life expectancy in the UK is increasing and at the same time people are saving less into pensions. These are challenges that need to be addressed.
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This is the latest edition of the annual Pensioners’ Incomes (PI) Series. It contains estimates of the levels and trends of pensioners’ incomes based on two household surveys: since 1994-95 information is based on the Family Resources Survey (FRS), while historical trends are examined using the Family Expenditure Survey (FES).
Feature Articles
Most people will buy a conventional annuity that provides a fixed or increasing income for the rest of their life.
There are alternative annuity products that provide an income for life, but they usually involve some degree of investment risk. In other words, your income may fall in value. If you’re happy to take some investment risk in return for a potentially higher income, these products could be for you.
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Think Money Financial solutions company Think Money has urged people to think about how they'll support themselves when they've reached pension age and are no longer working.

Research, based on figures from the Office for National Statistics (ONS), has revealed that the number of people paying into an occupational pension scheme has dropped sharply over the past 40 years.
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Equity release could be your ticket to a happy retirement; however there are still many people who know very little about how it all works and what is involved. So to give you a helping hand, Key Retirement Solutions, the UK's No.1 equity release specialist, have written an overview of equity release and the reasons why people are considering it as a viable option.
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More than 100 people are diagnosed with bowel cancer every day. And nine out of ten of them are over 50.
Sun Life Direct is committed to doing everything possible to look after the interests of those who are over 50. Which is why we're fully supporting the Bobby Moore Fund.
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equity release warehouse calculator, helping you to find out how much you could release. Equity release allows you to use the cash from your home to spend as you wish.

Find out how much you could release today through an equity release calculator. Using an equity release plan means there will be typically no monthly repayments to meet and you are guaranteed to stay in your home for life, living a lifestyle that you fully deserve.
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Here’s the big picture. THE WORLD IS IN FINANCIAL TURMOIL. The Euro is at risk of collapse. USA is borrowing more than ever. And the last quarter saw the largest UK stockmarket collapse for 10 years.
But what about the small picture? YOUR PENSION.
Arguably, part of the cost of propping up the banks and countries will be borne by you via your pension.
If you do nothing, you could be in for a shock!