Bank launches pensions advice website

Sitemap

Pension Annuity

Section 32 Buyout

Contracting Out

Tax Free Cash Pension

Pension Planning

Pension Credit

Personal Pension

Company Pensions

Wrap Accounts

Quick Pensions Enquiry

Pension Transfers

Approaching Retirement

Start a Small Pension

SIPP Pensions

Pension Guides

• A-Day Pensions
• Pension REITs
• Inheritance Tax and Trusts
• Making a Will
• Care in Old Age
• Passing Money On
• Pensions Glossary
• Pension News

Pension Planning

• Stakeholder Pensions
• Personal Pensions
• Self Invested Personal Pension
• Occupational Pensions
• State Pension and Contracting Out
• Executive Pension Plans
• AVCs
• Transferring Pensions
• Other investments
• Tax on Pension Contributions
• Divorce and Pension Sharing
• Employers Responsibilities

Nearing Retirement

• Annuities
• Endowment Maturity
• Retiring Overseas

Already Retired

• Equity Release
• Long Term Care Cover

Financial Services > Pensions > News

Bank launches pensions advice website

Mon, 13 Jun 2005

In a bid to clarify the new pensions simplification legislation called A-Day, a dedicated website was announced by Bank of Scotland Investment Service.

The A-Day advice website is designed to provide detailed but straightforward information on the legislation due to come into force on April 6th 2006.

According to the bank, the aim of the website is to provide a comprehensive online resource on A-Day.

The website outlines the effect that planned changes might have, thus helping customers assess their pension situation and encouraging them to take appropriate action in planning for their pension.

According to Alan Jones, head of Bank of Scotland Investment Service, there are still people who are unaware of the impact the new pensions legislation could have on their plans for retirement and pension.

"This website will prove to be a useful resource for such people - presenting the key facts around A-Day in a clear and concise way," he said.

Mr Jones added that it is essential for everyone contributing to a pension fund to be aware of the changes that are about to take place next year, and how the pension legislation would affect them personally.

"Anyone who is concerned should take professional advice now as steps can be taken to protect their current pension rights if necessary," he concluded.

Bank of Scotland Investment Service (BOSIS), part of the HBOS Group, specialises in providing strategic financial planning services to both individuals and business.

Financial planning services offered include tax-efficient saving and investment, pension and retirement planning and inheritance planning.

Related pensions articles

Pension proposals will significantly increase employer burdens - Wed, 31 Mar 2010

Public pensions bill goes through the roof - Wed, 24 Mar 2010

Charge for pension could put savers off - Fri, 19 Mar 2010

Few pension holders expect independent retirement, says report - Thu, 18 Mar 2010

Pensions are worth less than pre recession - Wed, 17 Mar 2010

Poor people to opt out of new pension scheme, claims research - Tue, 16 Mar 2010

NAO issues warning on public sector pensions - Fri, 12 Mar 2010

State pension age should be raised to 70 - Mon, 01 Mar 2010

NAPF urges government to reform pension plans - Fri, 26 Feb 2010

ONS reveals cut in special pension contributions - Wed, 24 Feb 2010

More news...

Link to this page

Copy and Paste the following HTML into your page.<a href="http://www.pensions.co.uk/News/2005/Jun/bank-launches-pensions-advice-website.html" title="Bank launches pensions advice website">Bank launches pensions advice website</a>

Pensions Newsletter

Monthly pensions news, provider info & more.

Transferring a Pension

Learn more about pension transfers and enquire about transferring your pension.

SIPPs

Read up on Self Invested Personal Pensions and take control of your pension fund.