UK Finance News

In the context of occupational, stakeholder, and group personal pension schemes, professional trustees are responsible for collecting contributions, investing assets, and paying out benefits according to the rules of the fund. Trustees have certain core duties, set out in law, which they must perform, and they also have discretionary powers to make decisions. [...]

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FAS Assessment and PPF assessment might easily be described as two sides of the same coin because both form part of the pension rescue package available to employees whose company pension schemes have collapsed.
There are five stages involved in the FAS (Financial Assistance Scheme) process – notification, qualification, provision of member data, assessment, and payment. [...]

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According to a new report, some of the UK’s largest companies risk seeing an increase in the deficits of their pension schemes due to their failing to lock in recent market gains by moving money into less risky investments.
A spokesperson for the consultancy PensionsFirst today suggested that assets held by benefit schemes of FTSE 100 [...]

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A decade or so ago the ‘Saga generation’ of over 50s in the UK were being targeted by shops and businesses for being the part of the UK with the most disposable income.
Everything from lavish holidays to premium pension plans was aimed at this group of people and many were happy to oblige by passing [...]

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A survey by Alliance & Leicester International has revealed that a staggering 87% of ex pats are content to choose to retire in the country that they have chosen to reside in, with France (18%), Spain (13%) and the UK (12%), being the most popular retirement destinations.
With the cost of retirement in the UK estimated [...]

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