Displaying items by tag: pensions
Tuesday, 02 April 2019 11:00
Nervous retirees seek advice on pension freedoms
Worried retirees have revealed their fears as the fourth anniversary of pension freedoms approaches.
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Tuesday, 02 April 2019 10:30
Lisa Webster: Softening the annual allowance blow
It seems a long time since we had an annual allowance (AA) of £255,000. These days most pension savers are restricted to £40,000, but the money purchase annual allowance (MPAA) and the horribly complex tapered annual allowance (TAA) impose significant further restrictions for many. HMRC’s pension contribution statistics for 2016-17 tax year give us the first indication of the impact of the tapered annual allowance, and it’s not pretty.
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Monday, 01 April 2019 11:41
Pension savers short-changed £40k by auto enrolment 'quirk'
Savers could be short-changed by as much as £40,000 unless changes are made to the way auto-enrolment minimum contributions are calculated.
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Friday, 22 March 2019 11:18
Changes at the top following pension firm acquisition
Nigel Waterson, chair of the trustees at Now Pensions, has today announced that he is standing down after more than seven years in the role.
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Monday, 11 March 2019 10:35
Drawdown cash withdrawals ‘set to surge’
As the end of the tax year approaches Hargreaves Lansdown has predicted a surge in drawdown cash withdrawals.
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Friday, 08 March 2019 12:27
Opting out of workplace pension ‘could cost £542k’
As auto-enrolment minimum contributions are set to rise from 5% to 8% in April, new analysis show has shown the cost of opting out of a workplace pension scheme.
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Wednesday, 06 March 2019 14:45
SIPPs remain top 3 pension product with advisers
SIPPs remain a top three pension product recommended by financial advisers, according to a new survey by Defaqto.
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Friday, 22 February 2019 12:33
TPR reveals organised crime families running pension scams
Organised crime groups led by married couples or families are running pension scams worth millions of pounds, according to The Pensions Regulator.
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Friday, 22 February 2019 09:42
More than 8 in 10 call for partial DB transfers in all schemes
A new survey has revealed 85% of respondents believed all DB schemes should allow partial transfers.
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Wednesday, 20 February 2019 11:40
Lisa Webster: Beware the side effects auto-enrolment
Automatic enrolment (AE) has, by and large, been a success story. Opt outs have been fewer than predicted and the 10 millionth employee has been auto-enrolled, according to figures recently released by The Pensions Regulator (TPR). It’s also been good to see TPR getting their teeth into a few unscrupulous employers that have flouted the rules to show they mean business.
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