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Education vital to pensions future, says Timms

Europe must ensure people have access to financial education and information to allow them to make confident choices in retirement, said Stephen Timms.
The Pensions Minister told a meeting in Brussels that with over 3m people in the UK not saving enough it is crucial this access is made available to help them plan for their future.
He said Europe was facing a huge challenge over the next 25 years, with the working age population falling by 7 per cent while the population aged 65 and over rises by 51 per cent.
Ministers as well as social and pension partners from across the EU shared and discussed the steps being taken to ensure people have the right information to make decisions on retirement.
Timms said: We must help people plan actively for their retirement. Financial education and information are important for setting realistic retirement expectations. We need to make sure that people are able to make choices which will help them realise these expectations.


United Group reassures mortgage brokers Hips will not threaten business

The United Group is encouraging mortgage brokers to start making plans for the launch of home information packs and not feel threatened by them.Concern has been expressed that brokers could be sidelined by HIP providers, who could offer clients a mortgage proposition at the time of arranging a HIP. The Association of Mortgage Intermediaries has, […]

A rare talent

Slick PR manoeuvres this week from Frank- lin Templeton commun- ications manager Dorine Johnson, who managed to fork into a fillet steak while con- juring up a pristine chart of investors’ attitudes from beneath the table somewhere with her other hand. She passed it effort- lessly to our transfixed journalist without break- ing off for […]

DWP turns to the universal pension

Axa believes the universal state pension is back on the agenda after the Department for Work and Pensions asked for industry feedback on whether a residency-based scheme would be cheaper than contribution- based benefits. The question is in the DWP’s consultation, Women and Pensions: The Evidence, issued last week. The DWP says: “Given the improvements […]

Sierra Leone cover image - thumbnail

White paper — Sierra Leone International Insights

Jelf Employee Benefits assesses the areas that employers should be aware of when considering operating in Sierra Leone, including healthcare access, delivery and insurance provisions. This report draws on various sources to highlight specific considerations for this emerging jewel in West Africa.


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