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4 in 5 cash lump sums paid to under 65s

The Association of British Insurers has revealed that around 80% of cash lump sum withdrawals were made by people who had not reached 65 years of age.
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Standard Life calls for 33% flat-rate pensions incentive

Standard Life is urging the Government to introduce an incentive-led pensions regime rather than one based on the current system of tax relief.
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5m join auto-enrol schemes with advisers set to help growth

As auto-enrolment reaches its third anniversary, NEST has reported that there are now over 5 million workers enrolled and up to a further 5 million workers set to be enrolled.
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BW warns of dangers of pension tax relief overhaul

Overhauling the system of pension taxation “risks destroying the foundation of a system that works,” warns Barnett Waddingham
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FCA to revamp pension rules to boost consumer protection

The FCA is to review its pension rules post the pension reforms to address the, “risks and challenges faced by consumers in the new retirement market.”
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  1. CISI and IFP sign contracts as merger moves ahead
  2. Growth expected in post-retirement advice due to pension reforms
  3. 5m now in auto-enrolment pensions; opt-outs low
  4. AMPs concerned about erosion of pensions simplification

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Features Article Count:  4

Insight & Analysis Article Count:  3

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