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Displaying items by tag: pensions

A giant fluffy multi-coloured monster’s ability to stop employers ignoring the workplace pension via a TV campaign has been called into doubt at a Pensions Regulator board meeting.
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Over 230,000 people have used the new pension freedoms introduced one year ago, new HMRC statistics have shown this morning.
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Retirees who entered drawdown in 2015 could face "a decade of lost income" if volatile market conditions continue as they have been, a pensions firm has warned.
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The whole plan for the secondary annuity market is ‘doomed’, unless a fundamental problem can be addressed, a pensions expert says.
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Annuities may become the most popular option for retirees if Britain exits the European Union in June, the founder of eValue believes.
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Annuities may have become somewhat downtrodden with doom and gloom predictions since the pension reforms kicked in but new research suggests the younger generation are willing to give them a fair hearing.
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Monday, 18 April 2016 12:45

Mike Morrison: A change of heart for A-Day

As we approached 6 April this year the press started to look at the ten-year anniversary of ‘A-Day’ – the day on which pension simplification regulations came into force. Their conclusions have, unfortunately, been anything but positive.
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The director of a Sipp firm says there is a strong belief in the industry that the Lifetime ISA is the end of pensions as we know them.
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More than a third of accountants plan to fund some or all of their retirement using property wealth, a survey suggests.
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A probe into the possible effects of the Lifetime ISA and whether it could cause workers to duck out of Auto Enrolment is stepping up this week.
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