Displaying items by tag: pensions

A new survey has revealed that 99% of DB pension transfers clients move their money into SIPPs. 

Pension transfer values briefly hit a new high in August as the FCA reviews potential redress for unsuitable transfer advice.

Women are now almost twice as likely as men to feel ‘on the back foot’ on retirement planning as the Coronavirus pandemic battered their confidence, according to a new report from SIPP and pensions provider Aviva.

The recent announcements on the new Health and Social Care Levy, and corresponding rise in tax on dividend income, will boost the attractiveness of salary sacrifice in the years ahead.

A typical young adult aged 20-40 wants to retire at 59 with an annual retirement income of £26,000, according to new research.

The percentage of workplace pension savers who actively stopped saving fell slightly during the Coronavirus pandemic, according to data released this morning.

The Money Purchase Annual Allowance (MPAA) poses hidden risk to over 55s who have accessed their pension early due to the Coronavirus pandemic, according to a new report.

Some 8m people are planning a DIY approach to retirement and planning to avoid professional financial advice but admit they do not know how to avoid running out of money in retirement, according to a new study.

Around 4m savers under the age of 40 could be losing out on investment returns because they think a medium risk pension will produce the strongest returns for their pension.

Average earnings data published this morning by the Office for National Statistics (ONS) has highlighted the difficult decision faced by the Chancellor this autumn when deciding on State Pension rates for April 2022.