Uncategorised

WOMEN who take a career break to raise children could be risking financial insecurity in retirement, research by Investec Private Bank warns.

ALMOST three quarters of independent financial advisers believe that establishing a better income in retirement proposition for clients is essential in 2007, latest research shows.

SCHEMES have seen investment gains of over £10bn wiped out by falls in the value of the US dollar, Professional Pensions can reveal.

PENSION deficits of FTSE 100 companies fell by £20bn this year thanks to rising stock markets and are likely to shrink even further in 2007, Watson Wyatt claims.

TRUSTEES who "surrender trust power too quickly" to the Pension Protection Fund could face legal action from members, a law firm warns.

THE PRIVATE sector pensions deficit has reached £500bn, new research shows.

SCHEMES could lose millions of pounds if they do not act now to claw back taxes European courts have declared illegal, experts claim.

NORWICH Union has tracked down more than half of the 1000 former fishermen owed pensions from a scheme which collapsed when fishing declined.

THE GOVERNMENT is frustrating challenges to vital points of pensions law by failing to offer plaintiffs legal aid, a leading pensions lawyer says.

AGE discrimination regulations could increase scheme costs by as much as 100pc, advisers warn.