Displaying items by tag: pensions

Scottish independence could make "a mockery" of annuities and cause significant adverse affects for pensioners, an advisory firm fears.

The Budget pension reforms do pose a risk of leading to misselling, the FCA's chief executive has admitted, following concerns raised by MPs.

The annual contribution limit and transfer restrictions on the National Employment Savings Trust will be lifted, the Pensions Minister announced this morning.

An organisation which represents schemes providing pensions for over 17 million people has labelled the new options for retirees arising from the Budget reforms as "baffling".

There was a 46% rise in the number of complaints about Sipps made to The Pensions Advisory Service in the last year.

A ruling against a Sipp operator which sparked fears of a precedent being set and a rise in claims will be reviewed by The Financial Ombudsman Service.

Total assets of the world's largest 300 pension funds grew by over 6% in 2013 to reach a new high of almost US$15 trillion, freshly released figures showed today.

A new directory of regulated financial advisers aimed at helping retirees following the pensions and annuities revolution has been given the green light.

Barnett Waddingham has purchased Harsant Pensions for an undisclosed figure, in a deal which will see the firm add more than 400 Sipp and 70 SSAS clients to its existing book of business.

More people would find it easier to explain the existence of ghosts and detail the offside rule than would be able to describe annuities and pensions.