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The development of the Pensions Dashboard has been one of the big pension related stories of 2016 – with the Treasury signing up eleven of the largest pension providers to build the first prototype of its kind in the UK.
A new study has found that more than one in ten drawdown customers regret their decision.
Twice a year, every year for the last ten years, I have had the discussion with my peers about tax free cash, or to give it its correct legislative name, pension commencement lump sum, and if it will lose its tax free status in the next announcement.
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As the world marks Equal Pay Day today, Aegon’s head of pensions Kate Smith says women are being hit by a double whammy on pensions and pay.
If you are quiet you will hear the whoosh of kites being flown! It is that time of the year – with the Autumn Statement on the horizon, everyone wants their ideas to be considered. Some of those kites are a new age-related bonus system, a call for a ‘pensions bonfire’ (to get rid of complexity), and various suggestions of periods of no change and independent pension commissions.
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Six more providers have signed up for the Pensions Dashboard initiative which will aim to give consumers a central point to monitor all their pension arrangements.
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