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.
The average household is £31,546 short in their savings of the amount needed to give them a moderate standard of living in retirement, four times higher than five years ago.
FCA CEO Nikhil Rathi has pledged to “revolutionise financial advice” as part of a package of reforms to break down the barriers to business growth in financial services.
The change to the treatment of pensions under inheritance tax rules due to take force from 2027 will exacerbate existing delays in probate cases, according to a report from wealth manager and Financial Planner Quilter.
The aggregate surplus of DB pension schemes dipped to £226.2bn at the end of December, according to the latest Pension Protection Fund (PPF) 7800 Index.
New analysis of FCA fines data has revealed that the total amount of financial penalties imposed by the regulator in 2024 tripled compared to 2023.
The turmoil in the bond markets has caused annuity incomes to soar by almost 50% in the last three years, new data shows.