pensions

Displaying items by tag: pensions

Friday, 13 November 2015 12:41

Retirees smashing open pension piggy bank for grandkids

John Perks, managing director of Retirement Solutions at LV=

Around 2.4 million grandparents are breaking open their pension piggy banks to help their grandkids, a study has indicated.

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Wednesday, 11 November 2015 11:54

25-34 year-olds underestimate retirement needs by £400k

Tony Stenning, savings and investments expert at BlackRock

About 14 million people aged 25-34 could be underestimating the pot they need at retirement by nearly £400,000, new research has suggested.

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Tuesday, 10 November 2015 12:51

24% of over-55s in dash for pension cash while working

Nearly one in four over-55s plans to take cash out of their pension funds while still working.

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Monday, 09 November 2015 12:10

New pensions exam unit launched by professional body

The CII is to launch a new pensions exam unit to support professional standards in the sector.

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Tuesday, 03 November 2015 10:41

AXA Wealth MD warns of pension Isa pitfalls

David Thompson, managing director of business development and proposition at AXA Wealth, has joined the chorus of leading figures expressing concerns about a pension-Isa merger.

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Tuesday, 03 November 2015 10:36

Pension freedoms result in £4.7bn paid out in first 6 months

he ABI’s director for Long Terms Savings Policy, Dr Yvonne Braun

ABI data released today shows that £4.7bn has been withdrawn under the new pension freedoms but surprisingly annuity sales have risen for the first time in three years.

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Friday, 30 October 2015 10:29

Pension Isas could damage workplace saving - TISA

TISA, the tax-incentivised savings association, is warning that moves towards a pension Isa would be counter-productive.

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Thursday, 29 October 2015 11:29

AJ Bell urges crackdown on freedom-blocking pensions

Billy Mackay, marketing director at AJ Bell

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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Thursday, 29 October 2015 11:27

People will take pension cash 'beyond tax-free allowance'

A Retirement Survey, which polls some of the UK’s leading pension and annuity professionals, found that 86% agree or strongly agree that the UK will see an increase in individuals taking cash beyond their tax-free allowance.

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Tuesday, 27 October 2015 11:13