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Displaying items by tag: retirement

Retirees will be taking out retirement funds via 'pension bank accounts' by 2020, experts have predicted.
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A financial advisory firm has warned of an impending "boom time" for pension scammers after reporting a wave of cold calls to clients from possible fraudsters.
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Monday, 12 January 2015 09:47

Name of new pensions guidance service revealed

The name of the new pensions guidance service has been unveiled today as Pension Wise.
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The Financial Ombudsman Service is forecasting it will have to handle a significant rise in pension complaints in 2015/16.
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A pensions expert believes an idea floated by Pensions Minister Steve Webb for the resale of existing annuity contracts will never work.
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A pensions firm which has recently warned about that retirees face a major financial shortfall has welcomed research finding a healthy attitude among 18-24 year olds towards savings.
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Politicians have been urged to make one key New Year's resolution – to refrain from fiddling further with pension rules.
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Criminals are getting ready to pounce on unsuspecting savers when the new retirement reforms take effect, a pensions expert has warned.
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Retirement wealth planning firm James Hay has laid out plans to introduce greater flexibility for clients as the pension reforms kick in next April.
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A pensions consultancy firm has predicted the average retiree is set to live on the poverty line.
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