News

Subscribe to Foster Denovo News

More Restrictions on High Earners Pension Payments: Chancellor announces extends limits introduced only this year.…
Posted 11 December 2009
Make State Pension Age of 70 Say Directors: Insitute of Directors (IOD) want an increase in the state pension age …
Posted 20 October 2009
Basic State Pension To Increase by £2.40: Pension payments will rise by 2.5% - more than inflation…
Posted 14 October 2009
Tories Plan Rise in Pension Age: The Conservatives have announced plans to make millions of men now in their fifties work for an extra year before they receive their state pension. …
Posted 07 October 2009
UK Pension Schemes May Insure £5 bn Liabilities: Consultants, Hewitt Associates, believe pension schemes will hege against increased liabilities linked to rising life expectancy in 2010…
Posted 06 October 2009
UK Pension Fund Deficits up as Bond Spreads Narrow: FTSE 350 Companies Pension Deficit Widens to £140 Billion…
Posted 05 October 2009
Personal Accounts Look Doomed Say Collins: Neil Collins, respected city journalist and Reuters colulnist says why he thinks Personal Accounts will fail...…
Posted 29 September 2009
Small firms' pension schemes threatened: A new system of workplace pensions to be introduced in 2012 will put pressure on small schemes to dump their current high-quality pension schemes to save money…
Posted 25 September 2009
Expat Brits State Pensions Case in European Court: A case that could affect the pensions of thousands of Britons who have retired abroad will be heard in a European court later. …
Posted 02 September 2009
Cost of final salary pensions over £1 trillion: The crisis facing Britain's pension industry has seen Barclays, BP and supermarket chain Morrisons close their final salary schemes to new members this year…
Posted 01 September 2009
Generosity of pubic sector pensions exposed: Evidence showed pay packages for Government employees are being topped up with benefits worth a third of their salaries. …
Posted 31 August 2009
Over-50s rush to take pensions early: Rule change increases pension benefit age from 50 to 55 in April 2010…
Posted 24 August 2009
UK Pension Funds Return to Pre-recession Level: The value of the UK’s defined contribution (DC) pension funds has returned to the level they were prior to the recession kicking in in September 2008, according to analysis by Aon Consulting.…
Posted 20 August 2009
50% of pension schemes "to close in next 3 years": About half the final-salary pension schemes in the private sector will have closed to existing employees within the next three years, a survey suggests. …
Posted 18 August 2009
Company pension funding reaches ‘tipping point’: Britain’s biggest companies will soon be spending as much on pension payments for past employees as current staff…
Posted 14 August 2009
Millions Rely on Home for Pension: Foster Denovo research shows millions are relying on the value of their properties to support them in retirement…
Posted 13 August 2009
Widespread Ignorance of Pension Age Changes: Many people are unware of new retirement rules, says survey…
Posted 12 August 2009
State Pension age 'could rise further': The state pension retirement age could be increased further, the UK's pensions regulator has told the BBC. …
Posted 09 August 2009
Barclays promises pensions rethink after protests: Bank chairman Marcus Agius offers 'enhancements' after plan to close final-salary pension sparks furious reaction…
Posted 07 August 2009
Axa warns EU rules to hit UK pension incomes: 10 to 20% drop in returns warns Legal and General…
Posted 06 August 2009
UK pension deficit may hit record levels: Aon report UK pension deficit could increase by £40 billion as market rebound not enough to boost assets …
Posted 03 August 2009
Pru Survey Says Pension Savers Cutting Back: One in six people cut back on pension savings or quit altogether…
Posted 30 July 2009
Treasury Dig Heels In On Equitable Life: Liam Byrne has reaffirmed the government's position on compensating Equitable Life policyholders.…
Posted 28 July 2009
Pension Deficits Increase to £300 Billion: The pension deficits of Britain’s 100 biggest companies more than doubled in the first half of the year…
Posted 16 July 2009
UK Employers Save Billions in Pensions Cuts: UK firms have cut pension costs from £7.77bn to £3.24bn pa by closing their final salary pension schemes …
Posted 01 July 2009
Age Concern Warns of Pension Problems: The charity has warned that job losses will affect pension savings …
Posted 25 June 2009
Councils "borrow" from Staff Pensions: Unions accuse Local authorities of illegal borrowing from staff pension schemes …
Posted 22 June 2009
Half of Brits Not Saving for Pension: Half of UK adults aged between 20 and 60 are not putting aside any funds into a pension, suggests a BBC survey. …
Posted 29 May 2009
ABI Out At Pension Charge on High Earners: Saving into pensions could be adversely affected by government plans to reduce pension tax relief for high earners. …
Posted 28 May 2009
Drop in Equities Causes Pension Pressure: The funding deficit in the U.K.’s largest company pension plans almost doubled to £61 billion as falling stock markets cut the value of their assets, according to Mercer Consulting…
Posted 05 May 2009
High Earners – Budget Pension Tax Surprise: People earning more than £150,000 a year could pay as much as 30% tax on all their employers' pension contributions. …
Posted 28 April 2009
How the Budget will Affect Pensions: Darling has abolished higher-rate income tax relief on pension contributions for higher earners…
Posted 23 April 2009
Value of Private Pensons Reduced By Credit Crunch: The value of private pension savings of 3.7 million people in the UK has been reduced by the recession…
Posted 10 April 2009
Today’s State Pension Increase Not Enough: The basic state pension will rise today, from £90.70 to £95.25 a week The basic state pension will rise today, from £90.70 to £95.25 a week …
Posted 06 April 2009
Pension Protection Fund Rescues 100th Scheme: Increasing number of insolvent schemes raises concern for PPF finances…
Posted 02 April 2009
New Rules For Voluntary NI Conributions: Next month, HM Revenue & Customs is introducing new rules for backdating the payment of voluntary National Insurance Contributions (NICs).…
Posted 26 March 2009
Final Salary Pension Fund Deficits Up: The deficit of final-salary pension schemes in the private sector hit a record £219bn at the end of February, the Pension Protection Fund (PPF) said.…
Posted 24 March 2009
Falling Inflation Will Reduce Pensions: Pensions in payment will be cut if RPI falls this year. …
Posted 23 March 2009
Pension Protection Fund Looks Vulnerable: Vince Cable claims The Pension Protection Fund looks like the 'Titanic hitting the iceberg'…
Posted 17 March 2009
Boost for Divorced Pension Sharers: Safeguarded Rights anomaly to be abolished…
Posted 17 March 2009

Improving Your Retirement Prospects is Our Aim

Click here for an enquiry form

or call 0845 643 5404