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ABI demands members publish their annuity rates 22 Aug 2013 | 05:40 pm
The Association of British Insurers (ABI) has announced that all insurers must now publish in a table how much they pay out for pensions in order for fair and accurate comparisons to be made. The new...
Millions worse off under new state pension plans 21 Aug 2013 | 07:07 pm
The TUC has announced that millions of British people who are entitled to claim the second state pension will be financially worse off in retirement once the Government’s new state pension changes com...
British Gas to offer free electricity on Saturdays 1 Aug 2013 | 06:13 pm
In a bid to encourage customers to use more electricity at the weekend than during the week, British Gas has said it will offer free electricity on Saturdays to selected customers. The new scheme is ...
Quarter of over-50s finding it difficult to keep up with rent or mortgage repayments 30 Jul 2013 | 07:35 pm
According to a survey compiled by the charity, Age UK, almost a quarter of those in their early 50s are worried about not being able to pay their mortgage or rent and only 40% of people the same age h...
Quarter of workers haven’t considered how they will fund their retirement 25 Jul 2013 | 03:45 pm
A recent survey has found that a high number of workers in the UK haven’t given any consideration as to how they will fund their retirement. The Capita Employee Benefits report found that nearly a qu...
NS&I cuts Premium Bond Prize fund 24 Jul 2013 | 07:34 pm
As from the start of August, the National Savings and Investments (NS&I) will be reducing the prize fund for the UK Premium Bonds draw. In a response to the falling interest rates on savings accounts...
No more quantitative easing and interest rates to remain low until 2016? 18 Jul 2013 | 08:11 pm
It looks like the Bank of England under the guidance of new governor, Canadian Mark Carney, is veering away from introducing further rounds of quantitative easing. For the first time in eight months,...
Petrol and clothing prices influence inflation rate increase 16 Jul 2013 | 07:37 pm
The latest data released by the Office for National Statistics (ONS) shows that the inflation rate has increased to its highest level for the past 14 months. Inflation rose to 2.9% in June, up from 2...
Younger people will lose out under the new single-tier pension 15 Jul 2013 | 02:30 pm
A think tank has expressed its concern that the younger generation will be the worst hit by the soon to be implemented changes to the state pension. The Institute for Fiscal Studies (IFS) warns that ...
HMRC to clamp down on 500 pension liberation operators 9 Jul 2013 | 07:21 pm
The tax office is finally starting to come down on pension liberation operators. It is said that up to 500 suspect pension providers will be de-registered as part of an ongoing nationwide campaign to...
