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Saving into stocks and shares ISAs overtook savings into pensions for the first time in a decade in 2010/11, figures suggest.
Around a third of consumers want to be able to contribute to their pensions via automatic teller machines (ATMs), Friends Life has said.
National Savings and Investments (NS&I) will reduce the interest rate on its direct saver accounts by 0.25% from today.
Other savings and investments articles
Tens of thousands of savers are receiving 0.4% return after tax or less following a rise in accounts paying derisory rates.
The Financial Services Compensation Scheme (FSCS) has reassured savers with Northern Rock plc and new owner Virgin Money that account holders will have separate cover at each of the two banks.
Families are focusing on protection, even as they cut back on non-essentials, Aviva has found.
National Savings & Investments (NS&I) is restructuring a number of services in a bid to meet cost-cutting targets, with no more savings accounts to be offered through the Post Office.
An elderly man lost his entire life’s savings after he left them in the luggage hold of a National Express coach.
Tesco Bank has posted a 65.9% increase in profits for the first half of 2011/12 compared to the same period last year.
Retirement Planner's roundup of the top pensions stories this week.
The news this week is truly holistic, with stories on tax, investment, savings, pensions and income protection all likely to get clients reaching for your phone number.
Phil Clarke, technical services manager at Rowanmoor Pensions, says IFAs and the government must act now to beat pensioner poverty.
A former Barclays Bank employee has been jailed for three years after he stole £820,000 from a pensioner’s bank account.
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