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Members stay with their pension schemes
The number of people leaving their pension schemes fell to its lowest level this year, while enquiries about the current value of the pensions rose to its highest level, according to Aon Consulting.
Fears over inflation do the damage now
Final salary pension schemes are fast becoming the dinosaurs of pension investing – with fears over funding and the impact of inflation coming to a head in recent weeks
Pensioners could be eligible to reclaim tax
Non-taxpayers can reclaim money on savings that were taxed at the wrong level
Numbers working past retirement age to double
Nearly a quarter of UK businesses predict that their staff will be working beyond the national retirement age within the next decade
Pensions body warns over rule changes
The National Association of Pension funds has warned that planned rule changes are likely to increase the risk that good schemes will close down
Pension contribution limits
High earners who take a redundancy pay-off could find themselves caught by new laws that restrict tax relief on pension contributions
Venture capital trusts are income choice
High-earning private investors are increasingly turning to venture capital trusts (VCTs) as an alternative source of retirement income, following Budget changes that limit the tax relief on pension contributions
Pension insurance deficit doubles
The Pension Protection Fund says that its deficit for the year to March 31 have risen from £517m to £1.2bn, as a wave of insolvencies led to an increase in claims
Vicars’ pensions under threat
Church of England sank all its investments into shares towards the end of the bull market
Friends Provident takeover deadline
Friends Provident investors who want to take shares rather than cash in Resolution’s £1.86bn takeover of the life insurer have just days to confirm their choice





