Pensions, savings and investments

Plans by the government to cut pension tax relief for high earners could have an adverse effect on workplace pension schemes, it has been warned.

The rate at which final salary pensions schemes are closing looks set to rise, it has been predicted.

The effect of the recession on pensions, savings, investments and property values has pushed up the number of people who are contemplating longer working lives, a new study has revealed.

A mere 5 per cent of easy access savings accounts are offering returns above the official rate of interest.

It has been estimated that the majority of savings accounts are failing to provide savers with a genuine return on their money.

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