UK workers who put off starting retirement investing until their 35th birthdays risk spending the first 15% of their working day for the rest of their working lives just to build up a retirement income equal to two-thirds of current average income.
A consumer survey commissioned by the Department for Work and Pensions is unlikely to add anything to the pensions debate, despite this being the government's intention, say industry officials.
IFAs and multi-tied advisers are being asked to get involved in a survey which will form part of the next stage of the ABI's review into the use of indemnity commissions.
Critical illness (CI) has finally succumbed to the slump that has been blighting the protection market. But resurrecting the product may be an issue of reinvention as Peter Madigan discovers Click here to download pdf
Half of UK companies with a turnover exceeding £1m are not yet prepared for pensions simplification, new research indicates.
Could the new pension legislation, which comes into effect in April 2006, offer fresh growth opportunities for the dormant group life assurance market? Johanna Gornitzki investigates Click here to download pdf
Tax confusion, a lack of information on pensions, along with an insecurity of not knowing how much they will get at retirement are still major barriers preventing individuals in the UK putting money into their pension, new research indicates.
Long-term saving in the UK does not even constitute a period stretching longer than a decade, new research indicates.
More than one in three UK workers, which is the equivalent of 8.5 million individuals, claim they are not offered a pension scheme by their employer, new research indicates.
As many as 3.5 million Brits are spending £5.4bn annually in 'pocket money' hand outs to their retired parents, new research indicates.