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	<title>Finance Markets: Finance News - UK Personal Financial News &#38; Financial Markets &#187; Pensions News</title>
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	<description>Finance Market News and Information</description>
	<pubDate>Thu, 20 Nov 2008 19:56:39 +0000</pubDate>
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		<title>Male retirement age increases</title>
		<link>http://www.financemarkets.co.uk/2008/10/24/male-retirement-age-increases/</link>
		<comments>http://www.financemarkets.co.uk/2008/10/24/male-retirement-age-increases/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 10:42:18 +0000</pubDate>
		<dc:creator>Kay Murchie</dc:creator>
		
		<category><![CDATA[All Financial News]]></category>

		<category><![CDATA[Pensions News]]></category>

		<category><![CDATA[age]]></category>

		<category><![CDATA[increase]]></category>

		<category><![CDATA[Office for National Statistics]]></category>

		<category><![CDATA[ONS]]></category>

		<category><![CDATA[retirement]]></category>

		<category><![CDATA[state pension]]></category>

		<guid isPermaLink="false">http://www.financemarkets.co.uk/?p=4826</guid>
		<description><![CDATA[


The Office for National Statistics (ONS) has established that the average man is working for longer before retiring.
Official figures show that in 1984, the average male retired aged 63.7 years. However this has increased from 64.6 years between April and June this year and is now up to 65.
Meanwhile, the average retirement age for women [...]]]></description>
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		<title>Pension funds want more money for mismanagement</title>
		<link>http://www.financemarkets.co.uk/2008/08/13/pension-funds-want-more-money-for-mismanagement/</link>
		<comments>http://www.financemarkets.co.uk/2008/08/13/pension-funds-want-more-money-for-mismanagement/#comments</comments>
		<pubDate>Wed, 13 Aug 2008 11:18:17 +0000</pubDate>
		<dc:creator>Brian Turner</dc:creator>
		
		<category><![CDATA[Finance Blog]]></category>

		<category><![CDATA[Pensions News]]></category>

		<guid isPermaLink="false">http://www.financemarkets.co.uk/?p=3831</guid>
		<description><![CDATA[


Final salary pension funds return to the red, with pension trustees looking for more money to shore up the losses.
What no one seems willing to talk about, though, is the mismanagement of final salary pension funds - and how the managers of these funds have been actively seeking to generate losses against their own assets.
In [...]]]></description>
		<wfw:commentRss>http://www.financemarkets.co.uk/2008/08/13/pension-funds-want-more-money-for-mismanagement/feed/</wfw:commentRss>
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		<item>
		<title>Pensions expert predicts pension age to rise to 70</title>
		<link>http://www.financemarkets.co.uk/2008/07/31/pensions-expert-predicts-pension-age-to-rise-to-70/</link>
		<comments>http://www.financemarkets.co.uk/2008/07/31/pensions-expert-predicts-pension-age-to-rise-to-70/#comments</comments>
		<pubDate>Thu, 31 Jul 2008 18:46:06 +0000</pubDate>
		<dc:creator>Kay Murchie</dc:creator>
		
		<category><![CDATA[All Financial News]]></category>

		<category><![CDATA[Pensions News]]></category>

		<category><![CDATA[increase]]></category>

		<category><![CDATA[Lord Turner]]></category>

		<category><![CDATA[retirement age]]></category>

		<category><![CDATA[state pension]]></category>

		<guid isPermaLink="false">http://www.financemarkets.co.uk/?p=3775</guid>
		<description><![CDATA[


As a result of growing life expectancy, a pensions guru is predicting that millions of men and women will have to stay in employment until they are 70.
Lord Turner, who 2 years ago said the retirement age would rise to 68 by 2046, believes the state pension age will have to increase further. 
On August [...]]]></description>
		<wfw:commentRss>http://www.financemarkets.co.uk/2008/07/31/pensions-expert-predicts-pension-age-to-rise-to-70/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Pensioners return to work due to lack of funds</title>
		<link>http://www.financemarkets.co.uk/2008/07/20/pensioners-return-to-work-due-to-lack-of-funds/</link>
		<comments>http://www.financemarkets.co.uk/2008/07/20/pensioners-return-to-work-due-to-lack-of-funds/#comments</comments>
		<pubDate>Sun, 20 Jul 2008 17:30:49 +0000</pubDate>
		<dc:creator>Kay Murchie</dc:creator>
		
		<category><![CDATA[All Financial News]]></category>

		<category><![CDATA[Pensions News]]></category>

		<category><![CDATA[returning]]></category>

		<category><![CDATA[survey]]></category>

		<category><![CDATA[work]]></category>

		<category><![CDATA[Zurich]]></category>

		<guid isPermaLink="false">http://www.financemarkets.co.uk/?p=3724</guid>
		<description><![CDATA[


Due to the rising cost of living, pensioners in the UK are being forced to delay their retirement, or return to work.
Research from life insurance provider Zurich has established that nearly three-quarters of people who do not seek retirement or investment advice are having to work after retirement age when they discover that their pension [...]]]></description>
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		<item>
		<title>Rising living costs are affecting ability to save</title>
		<link>http://www.financemarkets.co.uk/2008/06/30/rising-living-costs-are-affecting-ability-to-save/</link>
		<comments>http://www.financemarkets.co.uk/2008/06/30/rising-living-costs-are-affecting-ability-to-save/#comments</comments>
		<pubDate>Mon, 30 Jun 2008 18:31:50 +0000</pubDate>
		<dc:creator>Kay Murchie</dc:creator>
		
		<category><![CDATA[All Financial News]]></category>

		<category><![CDATA[Pensions News]]></category>

		<category><![CDATA[Hargreaves Lansdown]]></category>

		<category><![CDATA[rising costs]]></category>

		<category><![CDATA[Scottish Widows]]></category>

		<category><![CDATA[survey]]></category>

		<category><![CDATA[YouGov]]></category>

		<guid isPermaLink="false">http://www.financemarkets.co.uk/?p=3650</guid>
		<description><![CDATA[


Research from life insurer, Scottish Widows, has discovered that one in three Britons is unable to save for their retirement.
The survey, which monitors the retirement provision of people aged 30 and over, highlights the fact that many people are worried about how they will manage financially when they retire. 
The survey, which was carried out [...]]]></description>
		<wfw:commentRss>http://www.financemarkets.co.uk/2008/06/30/rising-living-costs-are-affecting-ability-to-save/feed/</wfw:commentRss>
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		<item>
		<title>Over-50s worried about credit crunch affecting their investments</title>
		<link>http://www.financemarkets.co.uk/2008/06/17/over-50s-worried-about-credit-crunch-affecting-their-investments/</link>
		<comments>http://www.financemarkets.co.uk/2008/06/17/over-50s-worried-about-credit-crunch-affecting-their-investments/#comments</comments>
		<pubDate>Tue, 17 Jun 2008 06:15:57 +0000</pubDate>
		<dc:creator>Kay Murchie</dc:creator>
		
		<category><![CDATA[All Financial News]]></category>

		<category><![CDATA[Investment News]]></category>

		<category><![CDATA[Pensions News]]></category>

		<category><![CDATA[credit crunch]]></category>

		<category><![CDATA[over 50's]]></category>

		<guid isPermaLink="false">http://www.financemarkets.co.uk/?p=3591</guid>
		<description><![CDATA[


Research by marketing agency, Millennium, has revealed that the majority of over 50s are concerned about the impact the credit crunch will have on their pensions and investments.
The organisation discovered that over 75% of people in this mature age group believe that the credit squeeze will affect their investments, while almost 60% are concerned about [...]]]></description>
		<wfw:commentRss>http://www.financemarkets.co.uk/2008/06/17/over-50s-worried-about-credit-crunch-affecting-their-investments/feed/</wfw:commentRss>
		</item>
		<item>
		<title>The pensioner mortgage afflicts one in three</title>
		<link>http://www.financemarkets.co.uk/2008/06/11/the-pensioner-mortgage-afflicts-one-in-three/</link>
		<comments>http://www.financemarkets.co.uk/2008/06/11/the-pensioner-mortgage-afflicts-one-in-three/#comments</comments>
		<pubDate>Wed, 11 Jun 2008 10:07:16 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
		
		<category><![CDATA[All Financial News]]></category>

		<category><![CDATA[Mortgage News]]></category>

		<category><![CDATA[Pensions News]]></category>

		<category><![CDATA[Debt News]]></category>

		<category><![CDATA[Key Retirement Solutions]]></category>

		<category><![CDATA[mortgage]]></category>

		<category><![CDATA[retirement]]></category>

		<guid isPermaLink="false">http://www.financemarkets.co.uk/?p=3569</guid>
		<description><![CDATA[


Key Retirement Solutions is suggesting that around one-third of Britons who have entered or are nearing retirement still owe substantial sums on their mortgages.
In a study of 4,507 equity release clients (aged 55 and over), one-third still had mortgage debt. 
Among the 60 to 69 year-olds, 35% were still repaying their home loans. Neither were [...]]]></description>
		<wfw:commentRss>http://www.financemarkets.co.uk/2008/06/11/the-pensioner-mortgage-afflicts-one-in-three/feed/</wfw:commentRss>
		</item>
		<item>
		<title>British workers set to retire on less than minimum wage</title>
		<link>http://www.financemarkets.co.uk/2008/06/02/british-workers-set-to-retire-on-less-than-minimum-wage/</link>
		<comments>http://www.financemarkets.co.uk/2008/06/02/british-workers-set-to-retire-on-less-than-minimum-wage/#comments</comments>
		<pubDate>Mon, 02 Jun 2008 12:30:54 +0000</pubDate>
		<dc:creator>Kay Murchie</dc:creator>
		
		<category><![CDATA[All Financial News]]></category>

		<category><![CDATA[Pensions News]]></category>

		<category><![CDATA[minimum wage]]></category>

		<category><![CDATA[retirement]]></category>

		<category><![CDATA[workers]]></category>

		<guid isPermaLink="false">http://www.financemarkets.co.uk/?p=3535</guid>
		<description><![CDATA[


According to Fidelity&#8217;s third annual retirement index, British workers are set to retire on less than the minimum wage. 
A typical worker will see their earnings fall by over 50% on reaching retirement to just £215 per week - less than the income of someone who works 40 hours a week on the minimum wage [...]]]></description>
		<wfw:commentRss>http://www.financemarkets.co.uk/2008/06/02/british-workers-set-to-retire-on-less-than-minimum-wage/feed/</wfw:commentRss>
		</item>
		<item>
		<title>New SIPP launched by Prudential</title>
		<link>http://www.financemarkets.co.uk/2008/05/21/new-sipp-launched-by-prudential/</link>
		<comments>http://www.financemarkets.co.uk/2008/05/21/new-sipp-launched-by-prudential/#comments</comments>
		<pubDate>Wed, 21 May 2008 06:24:27 +0000</pubDate>
		<dc:creator>Kay Murchie</dc:creator>
		
		<category><![CDATA[All Financial News]]></category>

		<category><![CDATA[Pensions News]]></category>

		<category><![CDATA[Cofunds]]></category>

		<category><![CDATA[FundSIPP]]></category>

		<category><![CDATA[Prudential]]></category>

		<category><![CDATA[retirement plans]]></category>

		<guid isPermaLink="false">http://www.financemarkets.co.uk/?p=3501</guid>
		<description><![CDATA[


Prudential has increased its presence further in the retirement solutions market by introducing a new lower cost self-invested personal pension (SIPP) option called FundSIPP, which is in partnership with Cofunds.
With more than 1,100 funds available in the Cofunds range, these funds complement Prudential&#8217;s existing insured fund range, which includes the multi-asset funds managed by the [...]]]></description>
		<wfw:commentRss>http://www.financemarkets.co.uk/2008/05/21/new-sipp-launched-by-prudential/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Large employers set to offload pension schemes</title>
		<link>http://www.financemarkets.co.uk/2008/05/08/large-employers-set-to-offload-pension-schemes/</link>
		<comments>http://www.financemarkets.co.uk/2008/05/08/large-employers-set-to-offload-pension-schemes/#comments</comments>
		<pubDate>Thu, 08 May 2008 10:23:36 +0000</pubDate>
		<dc:creator>Kay Murchie</dc:creator>
		
		<category><![CDATA[All Financial News]]></category>

		<category><![CDATA[Pensions News]]></category>

		<category><![CDATA[employers]]></category>

		<category><![CDATA[insurers]]></category>

		<category><![CDATA[offload]]></category>

		<category><![CDATA[pension schemes]]></category>

		<guid isPermaLink="false">http://www.financemarkets.co.uk/?p=3463</guid>
		<description><![CDATA[


According to actuarial consultancy, Lane Clark and Peacock (LCP), some of the UK&#8217;s largest employers are likely to offload their pension schemes during the next 12 months.
LCP said the number of companies offloading their pension schemes to insurers has escalated over the last 6 months and the trend looks set to continue.
The pension buyout market [...]]]></description>
		<wfw:commentRss>http://www.financemarkets.co.uk/2008/05/08/large-employers-set-to-offload-pension-schemes/feed/</wfw:commentRss>
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