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Displaying items by tag: retirement

Thursday, 17 September 2015 12:23

4,000 face 40% or higher pension exit fees

A leading pensions expert says the number of people found to be facing exit charges in a major FCA study is ‘significant’ - despite being lower than many might have expected.
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Thursday, 17 September 2015 12:22

Retirement planning: Workplace pensions lead the way

Workplace pensions lead the way when it comes to what working age adults see as their primary source of money for their retirement.
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Nearly a third of firms have told the FCA they always refuse transfers from insistent clients.
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Today is Pensions Awareness Day but new research has indicated there is a large degree of ignorance around a key part of retirement saving.
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Friday, 11 September 2015 12:53

Consumers confused over pensions, says consultant

Consumers have been left confused over the new pensions regime, a senior Investment consultant fears.
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Sipp provider Mattioli Woods has agreed an £8,300,000 deal to take over SSAS and Sipp administration firm Taylor Patterson.
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Pensioners will have £15 more in 2020 than they need every week to afford a decent standard of living, according to a report assessing the impact of the summer Budget.
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There will be a shift in the Sipp sector towards firms either restricting their offering to standard assets or offering a full Sipp investment offering including non-standard investments, an industry expert has forecast.
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Thursday, 03 September 2015 12:17

'Thousands of pensioners could be left penniless'

Thousands of pensioners could be left penniless and spending their retirement in poverty, a saving provider has warned, following news that savers have withdrawn £2.5billion since the reforms took effect.
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Wednesday, 02 September 2015 12:37

Watchdog: Pension Wise performance must be transparent

The Government needs to be more transparent about how Pension Wise is performing, a consumer watchdog said today.
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