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Pensions & Benefits

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Government to axe fixed retirment age

The UK's retirment age of 65 may be scrapped by the new government
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Government to axe fixed retirment age

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Pension fund deficit widens

The collective deficit of the UK's private sector final-salary pension schemes rises to £42bn

Government may link pension age to life expectancy

Work and Pensions Secretary Iain Duncan Smith has indicated the government will raise the cliaming age for the state pension

FSA: ‘poor pension advice continuing’

The Financial Services Authority issue a warning to pension holders

Small firms using accountants for pension advice

67% of small firm owners use their accountants for pension advice

Men see smaller pension decline than women

Women who retire this year will receive an average pension of two-thirds less than their male colleagues

Final salary pension deficits ‘harm businesses'

30% of companies think that salary pension deficits have significantly obstructed mergers, acquisitions and internal restructuring

Number of employees planning to work beyond retirement age doubles

Recession leads to staff postponing retirement plans

Essential steps before closing a final salary pension scheme

Businesses must be able to show that they have considered alternatives before they shut their final salary pension scheme

Ten things small business owners should know about retirement planning

Pension funds can improve staff morale and provide a tax efficient way to withdraw money from a business
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