February 9, 2010

• Pensioners hit by tax codes glitch

  Thousands of pensioners may have been issued with the wrong tax code following the introduction of a new computer system at HM Revenue & Customs, it has emerged. (…)

January 8, 2010

• Cautious Bank keeps rates on hold

  The Bank of England has held interest rates at a record low as policymakers treated recent signs of a tentative recovery with caution. (…)

December 14, 2009

• State pension freeze saves up to &pound350m

  The pre-Budget report pledge to raise the state pension will not apply to some parts of the pension - potentially saving the Treasury 350m pounds in 2010/11. (…)

December 4, 2009

• Annuity rates at record lows

  Pension incomes for new retirees have nearly halved during the past 15 years as annuity rates have hit record lows, research showed. (…)

November 27, 2009

• More pension schemes set to close

  Nearly a third of defined benefit pension schemes which have closed to new members plan to shut to existing ones during the coming five years, according to new research. (…)

September 21, 2009

• Pension fund deficit widens again

  The state of UK defined-benefit pension funds started to worsen again in August, according to the Pension Protection Fund (PPF). (…)

June 25, 2009

• Defined contribution pensions on the rise (Financial Times)

  The number of people contributing to pension savings through defined contribution plans – either company schemes or personal pensions – looks set to overtake the number of those who are contributing to defined benefit pensions run by their employers. (…)