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Normally the end of the year is quiet in terms of changes to the pensions industry, but 2017 bucked this trend with a very sensible move by the Scottish government.
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Pension transfers into SIPPs dominated the pension transfer market in 2017, latest industry figures show.
The Government Actuary is suggesting a 5% rise in National Insurance by 2032 to prevent a deficit in the National Insurance Fund used to pay out state pensions, a possibility based on the latest Government Actuary Department projections.
Seven Investment Management is to launch a series of regional adviser roadshows entitled: 'The Retirement Challenge', visiting 12 locations throughout the UK in January and February.
Guy Opperman MP, who was appointed Parliamentary Under Secretary for Pensions and Financial Inclusion six months ago, has survived the latest parliamentary reshuffle.
The Department for Work and Pensions has re-appointed Mark Boyle for a second three year term as non-executive chair of The Pensions Regulator.
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