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Pension

Displaying items by tag: Pension

XPS Administration has called on pension schemes to get ready for the introduction of the Pensions Dashboard now.
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As auto-enrolment minimum contributions are set to rise from 5% to 8% in April, new analysis show has shown the cost of opting out of a workplace pension scheme.
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Friday, 25 January 2019 12:33

CISI members' fears over Pensions Dashboard cost

The CISI’s Financial Planning and wealth management members have responded positively to Government plans to introduce a pensions dashboard, but are worried about the costs.
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Since 2015, the Insolvency Service has applied to the courts to wind-up 24 companies that have carried out a form of pension misuse.
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Tuesday, 11 September 2018 15:15

ABI launches ‘Love Your Pension’ campaign

The Association of British Insurers (ABI) has launched a new campaign urging younger workers to “Love Your Pension”, as part of the industry’s commitment to auto-enrolment.
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O&M Pension Advice is to cease activities as an Introductory Pension Transfer Advisory service.
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The Financial Conduct Authority last month identified a number of pension areas where ‘intervention’ may be necessary following the introduction of the pension freedoms in April 2015.
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About 1.1million women are £32 worse off per week on average as a result of state pension age changes, the Institute for Fiscal Studies says.
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A national IFA group fears that Treasury pension proposals will hurt the sick and redundant.
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Workers quickly ditch plans to boost pension contributions when their salary goes up, neuroscientists have found.
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