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£820m tax bonus for Govt from auto-enrolment change

Changes to the timing of auto-enrolment announced today by the Chancellor will result in a £820m tax bonus for the Treasury, a retirement expert has estimated.
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Basic State Pension gets biggest rise for 15 years

The basic State Pension will rise by more than it has done for 15 years in real terms in 2016, the Chancellor has said this afternoon.
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'Pension rules should be relaxed to allow multiple drawdown'

Pension rules should be relaxed to allow multiple drawdown arrangements within the same pension scheme to be consolidated into one, AJ Bell has said ahead of Wednesday’s Autumn Statement.
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Transfers into Sipps leap up - pension freedoms report

Transfers into Sipps are up 36% over the year and transfers of pensions into drawdown products doubled since April, new analysis released this morning has shown.
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Retirement expectations flawed, says new report

Expectations among workers that they will retire roughly four years younger than their State Pension age are unrealistic, a report has warned.
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  1. Women facing 'significant retirement shortfall'
  2. James Hay reports 11,000 Sipps added in first 10 months
  3. Leap in retirement saving among 25-74 year-olds
  4. Failure to shop around to cost retirees £104m of income

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