News

The government has unveiled plans to underwrite infrastructure investment to help get stalling projects off the ground.

The majority of pension providers and managers are failing to inform savers about 'hidden charges' which typically wipe £100,000 off pension savings, a think tank has said.

Schemes are using annual projections of investment ‘outperformance' of up to 1% to help ease their liability calculations, a Punter Southall survey reveals.

Employers are being too optimistic about the time it takes to prepare for auto-enrolment, with nearly one-third of firms hoping to prepare in less than three months, official research shows.

Less than half of all full-time workers are now saving into a workplace pension, according to the Office for National Statistics.

Economists say the sharp drop in inflation announced today could justify a further round of quantitative easing by the Bank of England.

The first data released from the 2011 census has confirmed there is a huge increase in people expected to reach traditional retirement age over the next few years.

The International Monetary Fund has cut its forecasts for UK GDP growth for both this year and next as it warns of a "ratcheting up" of financial market and sovereign stress in the eurozone periphery.

The Consumer Prices Index (CPI) measure of inflation fell to 2.4% in June, from 2.8% in May, official figures show.

The Department for Work and Pensions will implement a system where small pension pots follow workers when they change jobs.