Latest Blogs
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James Jones-Tinsley: Guided Retirement Duty could be game changer
During May, the Pensions Policy Institute (PPI), sponsored by The Pensions Regulator (TPR), concluded that defined contribution (DC) pension savers – including those in SIPPs, as well as in Workplace Pensions - require more guidance when choosing suitable retirement products.
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Lisa Webster: Overcomplicated rules are a threat
It may be more than a year since the Lifetime Allowance was formally abolished but issues are still emerging from the mess made by rushed legislation.
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Lisa Webster: To gift or not to gift?
Since the announcement that pensions are to be included in estates for inheritance tax (IHT) purposes the question of whether those with large pension pots should be giving some funds away has become increasingly common.
Popular News
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DB surpluses hit record £223bn in August
UK DB pension surpluses hit a record £223bn in August against long-term funding targets, according to analysis from pensions consultancy XPS.
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10% growth in annuities quotes
There’s been a 10% growth in annuities quotes this year, according to pensions technology provider iPipeline.
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2 senior appointments at SSAS administrator WBR
SSAS administrator the WBR Group has promoted Jenni Harland to be director of SSAS operations and Abigail House as SSAS proposition manager.
The appointments take immediate effect, the firm said. -
Savers losing £1.7bn through pension transfers – report
Savers could be losing £1.7bn from their pension pots due to poorly informed transfers made in the year to 30 June, according to master trust People’s Pension.
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Scottish Widows and Origo cut LoA turnaround times
Workplace savings and pensions provider Scottish Widows has extended Origo’s Unipass Letter of Authority across its business to cut turnaround times and improve the quality of information.
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‘Sophisticated’ fraudsters targeting savers’ pensions
Fraudsters are using increasingly sophisticated impersonation techniques to access savers' pensions, according to the Pensions Regulator.
One in eight people intending to purchase an annuity would not consider switching from their existing pension provider to another supplier, even if they could potentially gain additional retirement income.
Pensions consultancy and SIPP firm Barnett Waddingham has been acquired by insurance intermediary Howden for an undisclosed amount.
There will be a “Spring Statement silence” on pensions, when the Chancellor makes her latest update on the UK’s finances on 26 March, according to pension provider Aegon.
Pension provider Phoenix has confirmed that it is planning to launch a retirement advice service through its Standard Life brand, although it is yet to reveal when the new advice service will be launched to consumers.
Defined benefit pension transfer values have fallen to the lowest observed rate since the XPS Group’s Transfer Activity Index was established in 2018.
A coalition of consumer groups has sent an open letter to MPs and the FCA urging the regulator to abandon its plans to delete most emails automatically after a year.