Despite not getting top billing in yesterday’s Budget – unlike the bombshell announcements of 2014 – pensions did still feature.
Pension savers are struggling with so-called ‘retirement envy’ as they see the living standards and lifestyles of people who are already retired, says new research.
Any moves to further reduce tax relief on future pension contributions would be a “second tax grab on pension savers”.
Failure to save earlier in life to build up a pension is the biggest financial regret for over a quarter of over 65 year-olds, a survey suggests.
The FCA is to review its pension rules post the pension reforms to address the, “risks and challenges faced by consumers in the new retirement market.”
Employer contributions are crucial to boosting pension savings for over half (54%) of those enrolled in a defined contribution pension scheme in the UK, new research has revealed.
A Sipp firm has reported a surge in enquiries from advisers about succession planning on behalf of their clients.
Plans for a secondary annuities market will not be implemented until at least 2017 after the Treasury said the move would be delayed.
The Treasury has teamed up with a pensions firm to start a pilot scheme for a pension passport.
An increase in ombudsman complaints about UCIS has been predominantly driven by the rise in complaints from consumers who had taken out Sipps.
News from Twitter
Articles by Keyword
AJ Bell
AMPS
annuities
Autoenrolment
Barnett Waddingham
Curtis Banks
DWP
FCA
FOS
FSCS
James Hay
Lisa Webster
Mattioli Woods
Pension
pension freedoms
pensions
pension transfers
Platforms
regulation
retirement
retirement planning
Sipp
Sipps
Ssas
Talbot and Muir
The Pensions Regulator
TPR
Webster
websterblog
Xafinity