pensions

Displaying items by tag: pensions

Monday, 30 November 2015 11:04

‘Improper' Sipps switching sparks FCA probe

Several advice firms are braced for FCA punishments after consumers were advised to switch their mainstream personal pensions into Sipps through ‘improper delegation’ to unauthorised firms.

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Friday, 27 November 2015 11:56

'Ominous' signs of bloody nose coming on pensions tax relief

There are ‘ominous’ signals over pensions tax relief that a ‘bloody nose’ is still to come despite the Chancellor’s silence on the subject yesterday, industry figures have warned.

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Wednesday, 25 November 2015 16:25

£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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Wednesday, 25 November 2015 14:03

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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Tuesday, 24 November 2015 11:44

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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Monday, 23 November 2015 12:35

'Pension rules should be relaxed to allow multiple drawdown'

George Osborne will deliver the statement this week

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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Friday, 20 November 2015 12:34

Retirement expectations flawed, says new report

Stan Russell, a retirement income expert at Prudential

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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Thursday, 19 November 2015 14:04

Women facing 'significant retirement shortfall'

Women could be faced with a significant retirement shortfall as the gap between both attitudes towards saving and savings levels widens with men as they get older.

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Wednesday, 18 November 2015 12:27