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| Pensions market boosted by Personal Accounts caps Contributions to the upcoming Personal Accounts scheme are to be capped by "strict limits", it has been confirmed.
The automatic-enrolment workplace pensions scheme is scheduled to be introduced in 2012, in order to boost retirement savings in the UK. However, some of the plan's particulars have been resisted by groups who already operate personal pension services, such as insurers.
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Other Pensions stories |
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Pensions savers 'should not panic', expert says.
Recent news of stock market falls should not lead pensions savers to "panic", asset managers Killik have warned.
9th October 2008 12:27
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Workers turn to pensions and not property to fund retirement.
Consumers' confidence in pensions as the best way to fund retirement is improving, it has been discovered.
3rd October 2008 16:47
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Consumers admit fears over UK pensions crisis.
Britons do not trust politicians to sort out the pension crisis, as millions of workers approach retirement facing an income shortfall.
2nd October 2008 17:08
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Shortfalls down dramatically for pension schemes.
Final salary pension schemes bucked sharp downturns in global equity markets to cut their deficits last month.
1st October 2008 17:06
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Consumers' retirement fears growing.
Britons are becoming less confident they will be able to enjoy a comfortable retirement, amid fears that soaring living costs will eat into their pension income.
29th September 2008 16:34
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Pension funds sticking with commercial property.
Managers of UK pension funds are continuing to target the commercial property sector, it has been discovered.
26th September 2008 17:09
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Pension membership down in 2007.
Membership of private sector defined benefit pension schemes fell last year, it has been revealed.
24th September 2008 17:47
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Sipp investors set to cut mortgage borrowing.
More and more self-invested pension plan (Sipp) holders who have commercial property investments in their pensions will employ new rules over the products to enable them to cut their mortgage borrowing, it has been predicted.
23rd September 2008 16:45
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Keeping up with the Duckworths.
TV soap character Jack Duckworth would receive a better pension income than Ken Barlow, according to new research.
22nd September 2008 17:10
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Equity release 'should be a last resort'.
Releasing equity from a home should be a last resort for pensioners, it has been claimed.
19th September 2008 16:40
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