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Displaying items by tag: retirement

Retirees worldwide will outlive their savings by a decade and women will fare worst, according to a report from respected thinktank the World Economic Forum.
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The Financial Conduct Authority (FCA) is concerned about how pension freedoms are impacting consumers and quite rightly so, especially with regards to those accessing their retirement savings and not taking advice, putting them at risk of running out of money, or worse, being scammed.
Published in Comment and Blogs
Chartered Financial Planning firm Belmayne is among the first firms in the East Midlands to sign up to a new professional code of practice governing pension transfers.
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Thursday, 30 May 2019 11:17

LEBC launches ‘Gender Pension Gap Guide’

Financial Planning firm LEBC has launched a new guide to pension disparities between genders.
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New research from AIG has revealed workers expect to be physically capable of doing their jobs until past their 68th birthday, beyond the age they can start claiming the State Pension even when it is extended to 67 by 2028. 
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Fears of a Halloween Brexit horror story for pensions have been raised by AJ Bell.
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Thousands of pension savers have breached lifetime allowance ‘protections’ in the past 12 years, potentially landing themselves with tax bills running into hundreds of thousands of pounds.
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Wednesday, 10 April 2019 08:00

Elaine Turtle: Happy New (Tax) Year

Before you think you are reading an old article, I am of course referring to the start of the new tax year. 
Published in Comment and Blogs
Pension savers will now be putting away more in their pots as part of an increase in auto-enrolment minimum contributions from 5% of qualifying earnings to 8%.
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The Government’s consultation on the proposed Pensions Dashboard has concluded and the report, published yesterday, pledged primary legislation to make it a reality.
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