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Pensions, savings and investments

Final salary pension schemes in deepening deficit

The collective shortfall in the UK’s defined-benefit pension schemes has reached £242 billion.

Employers may need to pay more to safeguard pensions after the recession

Plans have been mooted to raise the amounts that employers pay to protect company pension funds during periods of economic growth in order to balance a fall in the sums they pay during bad times.

Temporary savings deposits may get more protection

Savers who deposit large sums into their accounts could get a short-term increase in the level of protection guaranteed their money should the bank or building society get into difficulty.

Pensions deficit hits record levels

Final salary pension schemes in the private sector were underfunded by £219 billion last month, new figures have revealed.

ISAs are 'underfunded'

Too few people are taking advantage of the savings opportunities afforded by ISAs, it has been claimed.

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