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Displaying items by tag: retirement

Thursday, 26 March 2015 11:40

Regulator pushes pensions dashboard proposal

The Financial Conduct Authority is proposing a pensions dashboard allowing consumers to see all their pension pots in one place, following a study on retirement income it carried out last year.
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Checking up on the bodies that will provide the new Pension Wise service will cost the FCA nearly £400,000 every year and an initial outlay of nearly £600,000.
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The Sipp as originally envisaged by former Chancellor Nigel Lawson is "now an endangered species", a leading expert says, as the 25th anniversary of its creation was marked.
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Dangers lie ahead for consumers under plans for the re-selling of existing annuity contracts, a Sipps firm has warned.
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Thursday, 12 March 2015 13:05

Annuity re-sales could be in next week's Budget

The final Budget of this Parliament may feature plans which could lead to a new market in second-hand annuities.
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Tuesday, 10 March 2015 10:31

MPs warn over pension protection for savers

An influential group of MPs has questioned if there is strong enough protection for savers under the new pensions rules.
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Special breakfast events to help advisers untangle the web of rule changes to pensions – particularly their impact on Sipps and SSAS - will take place in April.
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Thursday, 05 March 2015 15:01

Standard Life to drop flexible drawdown charges

Standard Life has said it will drop drawdown charges as it prepares for the new pension freedom rules to kick in.
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Labour has announced that it will fund a cut in university tuition fees through reducing the tax relief on pension contributions for the highest-earners.
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Friday, 27 February 2015 13:07

Pension protection rules outlined by the FCA

New rules have been revealed this morning to protect consumers as the pension reforms take effect.
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