Savings

Pension incomes hit by significant decline

Retirement incomes have seen a sharp fall over the past ten years, a new study has revealed.

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Dip in dividends poses threat to pensions

Dividend payments by UK companies fell by £10 billion in 2009, it has been reported.

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Savers turn to investment funds

Poor returns on conventional deposit accounts saw more and more savers choosing instead to put their money into investment funds last year.

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Consultation on retirement age closes

The government’s consultation into the future of the default retirement age of 65 has closed.

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Savings on the increase during the recession

The recession appears to have prompted people to save more but only a little more.

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Share ownership among individuals sees downward trend

Just one in ten shares listed on the London Stock Exchange were owned by individuals at the end of 2008, new figures have revealed.

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Drop the compulsory retirement age, says Equality Commission

Employees should be allowed to continue working after the age of 65, the Equality and Human Rights Commission (EHRC) has argued.

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Pension funds register drop in deficits

There has been a distinct improvement in the state of the UK’s final salary pension schemes.

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Smaller firms get extra time to prepare for new pension scheme

Small businesses are to be given flexibility over the introduction of the government’s new compulsory workplace pension scheme.

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Changes recommended to boost defined contribution pensions

The Association of British Insurers (ABI) has produced a series of proposals aimed at improving the returns that employees receive from defined contribution pensions.

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