Displaying items by tag: pensions
Private pensions shake-up on the way
Pensions Minister Laura Trott has announced a shake-up of private pensions to create “fairer, more predictable, and better-run pensions.”
Pension transfer values slump by 36% in 2022
Defined benefit transfer values fell by more than a third last year as investor concerns over UK debt drove gilt yields higher, according to new analysis.
FCA launches review of retirement income advice
The FCA is to launch a comprehensive thematic review of retirement income advice.
1.8m aged 65 and over submitting tax returns
Latest data from HMRC has revealed that many more pensioners are filing tax returns than younger taxpayers.
Annuities bounce back as 1m more consider using them
Nearly one million people are considering annuities for the first time as a result of rising annuity rates, according to a new prediction.
Alltrust buys failed Rowanmoor Personal Pensions
SIPP and SSAS provider Alltrust has acquired failed firm Rowanmoor Personal Pensions Limited (RPPL).
Government could shake up doctors’ pensions - reports
Measure to lift the tax penalties facing senior NHS clinicians who want to carry on working are under consideration by the government, according to media reports today.
FCA to alert pension savers to cash savings risk
The FCA is to push ahead immediately with plans to warn pension savers of the corrosive effect of inflation on cash savings.
Autumn Statement: Hunt honours State Pension Triple Lock
Chancellor Jeremy Hunt has confirmed that the State Pension will rise in line with September's CPI inflation rate of 10.1%.
Nearly 11m investing in auto-enrolment pensions
A total of over £114bn has been invested in Automatic Enrolment pensions by nearly 11m people since they were first launched 10 years ago, new government figures published today show.