The Government has in place a State Second Pension (S2P), which is in addition to the Basic State Pension. It is available to employees and is earnings related, with funding coming from your National Insurance Contributions (NICs). It was previously known as the State Earnings Related Pension Scheme (SERPS).The Government give people the option to [...]
Pensions are plans that offer steady income to a person after they have retired. Pensions are essentially a deferred compensation that offers tax advantages to the employer and employee. Pensions can be in the form of an annuity, or a cash balance that is drawn from after retirement. Whichever the case may be pension plans [...]
Connaught Asset Management has launched a Guaranteed Low Risk Income fund, which company executives said is aimed at investors who have lost their appetite for investment products.It promises to pay a guaranteed annual return of at least 8.15 per cent, by investing in low-risk, short-term bridging financing.Investors who put in £500,000 or more will receive [...]
Registered Pension plan is a form of a trust that provides pension benefits for an employee of a company upon retirement. RPPs are registered with the government. The employee and employer, or just the employer make contributions to this retirement plan until the employee leaves the company or retires. Contributions to an RPP are tax [...]
With today’s stagnating stock market, financial institution bail-outs, and economic downturn, no one can blame the average American for worrying about their pension plan. Well, there is both good news and bad news through all this. You should be comforted by the fact that the pension you’ve earned thus far is safe because it is [...]
From 2012 all employers, including small businesses, will be compelled to make pension contributions – a bit of financial news that appears to have been overlooked, says Kent financial adviser Simon Ludden.Simon, financial planning manager at leading regional law firm Furley Page, said: “The Government is acting on the Pension Commission’s Report which told us [...]
A brief scan of the financial pages of the national press might give you some idea of the number of employers these days why are eager to switch their employees from final salary pension schemes into other, personal pension, plans. Many employers are so keen to encourage such a switch that they are offering a [...]
Indian Pension Fund Market Forecast to 2013 ( http://www.bharatbook.com/Market-Research-Reports/Indian-Pension-Fund-Market-Forecast.html ) provides the information of investment strategy and growth of Indian Pension Fund Market. Pension fund industry has a very bright future in India. Favorable savings pattern, growing life expectancy and government initiatives like pension reforms are making India as one of the potential prospects for investors [...]
At last, a real life insurance bargain – but as always there are strings attached!If you take out a new pension policy after 6 th April 2006 and within the same premium pay for life insurance cover, then you can use your pension contribution tax allowance to reduce the cost of your life insurance. This [...]
London, July 7th, 2008 — Opalesque, the world’s largest subscription-based publisher covering the alternative investment industry, has just launched the seventh issue of its groundbreaking Roundtable Series: Opalesque U.K. Roundtable (download here: http://www.opalesque.com/index.php?act=static?=RoundtableUK) Remember a couple of years ago various reports claimed funds of hedge funds were doomed because of the multi-strategy managers? The fund of [...]