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Directors admit illegally opting staff out of pension scheme

Senior staff at a national recruitment agency tried to save money by impersonating their temporary workers to opt them out of their workplace pension scheme. 
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Most pension savers prefer ‘annuities’ to alternatives


New research from wealth management and Financial Planning group Tilney has revealed that most people remain in the dark about what to do with their pensions on retirement but most still want the ‘certainty’ of an annuity-style income.
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Chartered Financial Planner's new firm issues transfer warning

A new firm, Pension Advice Specialists (PAS), which offers advice on pension transfers has warned of a gap in the availability of guidance.
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Dispute over ‘mandatory’ cashflow modelling for DB transfers

A dispute over whether cashflow modelling is to become “effectively mandatory” for DB transfers has broken out between a software firm and the FCA.
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7IM warns of ‘retirement crisis’ in new research

Longevity and a decade of historically low interest rates have created “a dangerous cocktail” for the over-50s generation, according to new joint research by the London Institute of Banking & Finance and Seven Investment Management.
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  1. Claims management companies to be forced to disclose fees
  2. Aegon fears over ‘demonising’ of SIPPs
  3. Mattioli Woods stops providing DB transfer advice
  4. Pensions Freedoms ‘make it easier for scammers’ 

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Features Article Count:  4

Insight & Analysis Article Count:  3

Comment and Blogs Article Count:  291

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