pension freedoms
Displaying items by tag: pension freedoms
Monday, 13 June 2016 13:18
Study reveals 50%+ of UK adults misunderstand new pension rules
Research carried out for wealth manager St James’s Place by The Wisdom Council reveals that only 49% of UK adults understood the pension changes implemented in 2015 and the impact on their choices at retirement.
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Monday, 06 June 2016 10:57
Pension freedoms spur CII to launch drive to raise standards
The Chartered Insurance Institute has unveiled a campaign to call on life, pensions and long term savings providers to back a framework of professional standards ‘underpinned by credible and robust measures.’
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Thursday, 31 March 2016 09:57
DB scheme members quit for more flexibility
A fifth of Defined Benefit scheme members given free financial advice have left their scheme to access flexible retirement options available through a defined contribution (DC) pot, according to Willis Towers Watson.
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Tuesday, 29 March 2016 10:40
Annuity sales pick up after pension freedoms - ABI
The ABI says that sales of annuities have risen in recent months, according to its latest pension report published one year after the Pension Freedoms.
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Tuesday, 03 November 2015 10:36
Pension freedoms result in £4.7bn paid out in first 6 months
ABI data released today shows that £4.7bn has been withdrawn under the new pension freedoms but surprisingly annuity sales have risen for the first time in three years.
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Thursday, 29 October 2015 11:29
AJ Bell urges crackdown on freedom-blocking pensions
In its response to the Treasury consultation on pension transfers and early exit charges, Sipp provider AJ Bell has called for all early encashment penalties that block access to the new pension freedoms to be scrapped.
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Tuesday, 06 October 2015 11:42
New pension freedoms will be curtailed, predicts Groves
Partnership chief executive Steve Groves has forecast that the new pension freedoms will eventually be curtailed.
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Monday, 05 October 2015 09:08
4 in 5 cash lump sums paid to under 65s
The Association of British Insurers has revealed that around 80% of cash lump sum withdrawals were made by people who had not reached 65 years of age.
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Wednesday, 08 April 2015 11:52
Most pension scheme members to reject 100% lump sum
Most members of pension schemes are likely to turn down the option to withdraw 100% of their pension rights as a lump sum, according to research from Capita Employee Benefits.
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Tuesday, 07 April 2015 10:08
Over 8% of pension freedom callers asking about Sipps
Hargreaves Lansdown has reported that over the past year it has received over 150,000 requests for information regarding the new pension freedoms with over 8% of callers asking about topping up or opening a Sipp.
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