Articles Tagged With: Pensions

People looking for the best savings rates to ensure they have a nest egg when it comes to retirement may want to invest their money in ISAs. The ISA rate will increase to £10,680 in April 2011 making

The average fixed-rate charged for lifetime mortgages has increased, when compared to their closest product in the residential mortgage market, it has been claimed. According to David Black, banking specialist

In addition to cheap savings interest rates, Halifax has announced that its current account customers are to benefit from up to £120 a year in cash rewards. Those who put £1,000 or more into

British professionals must recognise the importance of saving for their retirement or risk working into their seventies, it has been claimed. With the government planning to review the default retirement

Greater clarity is needed in the current setup for long-term savings schemes, it has been claimed. Pensions policy and savings expert Dr Ros Altmann said simplification of contribution rules "is a

The Centre for Policy Studies has called for a radical simplification of the UK savings framework. In a new report entitled 'Simplification is the key: stimulating and unlocking long-term saving', the

A fair and transparent tax efficient environment is needed for people to invest in children's savings, it has been claimed. Commenting after the government announced plans to scrap the child trust fund,

The government's new National Employment Savings Trust scheme Nest could put off millions of savers because of its high and complicated charges, it has been claimed. According to the Confederation of

Just 37 per cent of UK taxpayers subscribed to a cash Isa in 2008-09, a new report has indicated. According to Scottish Widows, consumers lost an estimated £15.5 billion in unnecessary tax payments

The Fair Investment Company has launched a new funds service which allows customers to take control of their own Isas and other investments. Nick Scarrett, head of pensions and investment at the firm,

Nationwide Building Society has announced details of a new four-year Stepped Rate Bond, which offers fixed annual or monthly interest options. The annual option pays 3.75 per cent gross AER in year one,

Consumers should celebrate the New Year when it arrives, but then get down to the business of improving their personal finances, it has been claimed. According to Directgov, the government's public services

Consumers should be getting the most out of savings rather than speculating on short-term capital gains, it has been claimed. Independent pensions expert Stewart Ritchie was commenting after an Aegon study

A new study has identified worryingly low levels of short-term saving among Scottish consumers. Research conducted by independent pensions expert Stewart Ritchie, on behalf of Aegon, indicates that 42

More and more people are looking to rely on the state pension when they retire, it has been reported. According to research conducted by Axa, 64 per cent of UK employees are not saving into any scheme

Consumers who save in an ISA could increase their investment returns by as much as 126 per cent, it has been claimed. According to Fidelity International, the extended annual allowance for over 50s has

Too few women are saving enough towards their retirement, a new study has indicated. According to Scottish Widows, just 47 per cent are putting enough money aside for when they finish working, compared