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Displaying items by tag: pensions

The pension reforms risk creating another PPI-style scandal, a financial services firm's founder says.

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The increasing number of adult children living with their mum and dad could be sapping their parents' savings and affecting their plans for retirement, a think tank has warned.

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An independent retirement savings commission should be created to put the long term interests of savers at the heart of pensions policy, according to The National Association of Pension Funds.

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Wednesday, 15 October 2014 12:30

Auto-enrolment earnings trigger may be frozen

The link between the auto enrolment earnings trigger and income tax could be axed next year.

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Turning pensions into something beginning to resemble bank accounts is "dangerous and misleading", according to a pensions firm, following more reforms announced by the Government.

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The job of advisers will be to "protect people from themselves" in the new era of pensions being ushered in from April, Partnership's chief executive says.

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Friday, 10 October 2014 12:53

Retirement age plans are "flawed"

Government plans to raise the retirement age by up to six months per year are "flawed" but should be a "wake up call," says the head of a global financial advisory organisation.

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Analysis of the latest mortality data has shown how limited the impact of scrapping the pensions death tax will be, according to a Sipp provider.

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Retirees in parts of England face being £120 or more short of what they need every week, a report has found, with residents in Greater London, the south west and east of England most unprepared financially for life after work.

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A complaint about a pension firm's failings, which began when a transfer to a Sipp was made, has been upheld by the Pensions Ombudsman.

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