Popular News
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SPP says changing salary sacrifice would be negative
Changes to salary sacrifice would cause confusion, reduce benefits to employees, and disincentivise pension savings, The Society of Pension Professionals has warned.
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Retirement standard figures should be ‘wake-up call’
Pension experts said that today’s figures from the PLSA about retirement living standards should be a ‘wake-up call’ for savers.
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Minimum needed for retirement falls by £1,000: PLSA
The minimum amount someone needs in retirement has fallen, according to the latest update of the Pensions and Lifetime Savings Association’s (PLSA) Retirement Living Standards report.
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Wealth transfer as important as estate planning to clients
Transferring wealth between generations is as important to clients of Financial Planning firms as retirement, according to a new study.
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Wealth transfer is priority since Budget pension proposals
Advisers and clients have become more concerned about wealth transfer since the Government’s proposals in the Autumn Budget to include unused pension assets in the estate for inheritance tax.
Latest Blog
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James Jones-Tinsley: Aiming for an advice-guidance sweetspot
As Nikhil Rathi is reappointed as CEO of the Financial Conduct Authority (FCA) for another five years, the FCA has set out its strategic direction for 2025/26, with important implications for financial advisers.
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Lisa Webster: Divorce impact on lump sums raises question
The lifetime allowance may have been consigned to the annals of history but the various forms of protection are still relevant in the new world, especially when it comes to the amount of pension commencement lump sum (PCLS) that can be taken.
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Martin Tilley: How education can tackle pension scams
The dark reality of pension scams is that we don’t really know how common they are. Fraud is a crime which tends to have low reporting events and with pension scams, it’s no different. The emotional toll can be as large as the financial, with some people being too embarrassed to report that they have been the victim of a scam.
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Lisa Webster: Maximising protected tax-free cash
While 2024 ended with a lot of doom and gloom in the pension world following the big announcement on inheritance tax (IHT), there was some good news that may have slipped under the radar of some advisers.
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Tilley: Is the age 75 trigger date now irrelevant?
Age 75 has been an important milestone in pension rules since A day in 2006. It was the latest age at which a compulsory annuity purchase was required (prior to Pensions Freedoms). It's arguably it’s long been an arbitrary line in the sand, noting that life expectancy has been on the increase for the last 20 years, but this trigger age has remained unchanged.
An independent retirement savings commission should be created to put the long term interests of savers at the heart of pensions policy, according to The National Association of Pension Funds.
The link between the auto enrolment earnings trigger and income tax could be axed next year.
Turning pensions into something beginning to resemble bank accounts is "dangerous and misleading", according to a pensions firm, following more reforms announced by the Government.
A study has shown a significant decline in workplace pension participation among private sector workers on low pay in the last 10 years, although auto-enrolment appears to be improving the situation.
All 300 tickets for AJ Bell's annual 'Investival' Investment Conference at London's Millbank Tower on 20 November have already been snapped up by advisers.
The job of advisers will be to "protect people from themselves" in the new era of pensions being ushered in from April, Partnership's chief executive says.