Pensions, savings and investments

Interest-only mortgage holders urged to plan ahead

03 May 13

Some borrowers with interest-only mortgages that are due to mature in the next seven years may not be able to fully repay their loan, a report by the Financial Conduct Authority (FCA) has warned.

Universal Credit trial roll-out begins

30 Apr 13

The Government's 'radical reshaping' of the UK benefits system got underway today as Universal Credit began for jobseekers in the North-West of England.

New law clarifies insurance cover

25 Apr 13

Changes to insurance laws which came into effect this month are likely to benefit consumers and the way they make claims.

Stocks and shares ISAs underused by savers

09 Apr 13

A quarter of UK adults own stocks and shares, yet many are failing to make use of their tax-free stocks and shares individual savings account (ISA) allowance, research has claimed.

Britons need more information about new single-tier pension, say MPs

05 Apr 13

The Government must do more to inform individuals about the forthcoming single-tier state pension system which will affect around 40 million Britons, a report by the Work and Pensions Committee has said.

British saving levels highest since 2004

02 Apr 13

The amount that British savers are putting aside every month has reached its highest level for nine years, according to a survey by National Savings and Investments.

Private sector pensions deficit fell in February

13 Mar 13

The number of defined-benefit private sector pension schemes in deficit fell again in February, after monthly decreases in January and December 2012, according to the latest figures from the Pension Protection Fund (PPF).

Retirement code will make pension options clearer

27 Feb 13

A new code from the Association of British Insurers (ABI) will help people approaching retirement better understand their options when it comes to making decisions about their pension income.

MPs call for immediate end to NEST restrictions

11 Feb 13

Restrictions on the amount workers can save under the National Employment Savings Trust (NEST) auto-enrolment pension scheme should be removed if it is to successfully encourage saving, a Work and Pensions Committee report has advised.

Employees welcome auto-enrolment but businesses remain unprepared

30 Jan 13

Most individuals welcome the Government's drive to automatically enrol eligible employees into a qualifying pension scheme, however many employers are unprepared for their responsibilities, research from the National Employment Savings Trust (NEST) has found.