UK raises retirement stakes

Article Abstract:

The United Kingdom, as in the majority of other developed countries, is facing a public pension crisis because of the continuing rise of the country's ageing population. On 6 April, 2001, the British government introduced "stakeholder pensions," which are accumulative, accessible and inexpensive retirement options for workers with no private retirement coverage.

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Try this at home

Article Abstract:

Governments in Hong Kong and Singapore have introduced public policy aimed at making individuals more responsible for accumulating their own retirement income savings. These governments have also introduced legislation to regulate investment advice, aimed at quality control and protection of investors.

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Guidance on financial planning

Article Abstract:

The Australian Financial Planning Centre of Excellence has issued a booklet entitled 'Pathways to Financial Planning: An Introduction to Financial Planning.' This is designed to give certified practising accountants an introduction to the growing sector of personal financial planning.

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