View more on these topics

One in four to retire comfortably says JPMF

Only one in four working adults in the UK can expect a comfortable
income in retirement according to the JP Morgan Fleming Pension
Map of Britain 2003 published this week.

Research shows that 3.4 million less people will enjoy a comfortable
retirement – defined as retirement income of 50 per cent or more of
their final salary – compared to figures released in 1996.

Recommended

Life offices press for an end to LPI rule

Life offices are lobbying the Government for the relaxation of the requirement for defined-contribution pensioners to buy a limited price index annuity.Product providers argue that LPI annuities are poor value because the shortage of index-linked gilts means that the cost of providing the inflation protection exceeds the benefits.Figures from Standard Life show that a 60-year […]

Network jungle

The FSA is telling mortgage brokers not to rush into joining networks until they are confident they fully understand the new regulatory regime and their options.The warning comes as some IFAs voice their own concerns that the coming of N4 next October – when mortgage brokers must decide if they want to be directly authorised […]

LibDems want compensation fund for pensions that have already been lost

The Liberal Democrats are calling for the Government to set up a compensation fund for workers who have already lost their pension pots in occupational scheme wind-ups.At the LibDems&#39 annual conference in Brighton this week, pensions spokesman Steve Webb said he has written a letter to Work & Pensions Secretary Andrew Smith urging the Government […]

Inside edge

The ability to provide quality customer service has been the Achilles heel of many providers and yet, as far as advisers are concerned, it is a key area where insurers can make a difference to their business efficiency and the service that IFAs in turn provide to clients.Shortcomings in service cause instant dissatisfaction among IFAs […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment