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Displaying items by tag: retirement

The time has come for a 'pensions passport' to be made a reality, according to leading figures in the industry who have come out in favour of the idea.

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A levy on regulated financial services firms will pay for the Government's pledge of free, impartial retirement guidance, the Treasury confirmed this morning.
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The FCA has today sent a damning letter to all Sipp operators telling them there are still widespread failings which put consumers' pension savings at "considerable risk".

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There are over one million millionaire retired households in the UK, new analysis has shown.
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Automatic enrolment could more than double the numbers saving in DC schemes by 2030, according to the Pensions Policy Institute.
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The invention of a time machine may be essential for babies born today to secure a comfortable retirement.
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The FCA has finalised its guidance to firms offering annuity comparisons online after a review found 92% of websites failed to be clear and fair.
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The pensions industry should avoid "blindly following" systems used overseas as it undergoes a major shake up following the Budget reforms, an expert warns.
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Barnett Waddingham has reported that employers are increasingly coming to the firm seeking pension advice for senior members of staff.
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Pensions campaigner Dr Ros Altmann wants to see a 'National Retirement Guidance Network' created.
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