The latest rise in inflation is a “hammer blow” for retirees and leaves UK households with an annual £20.2bn shortfall to maintain the standard of living, Retirement Advantage claims.
An ombudsman has ruled in favour of a widow who complained about a pensions firm, ordering it to pay nearly £80,000 in lump sum death benefits.
The Ombudsman has ruled against adviser firm Sesame in a case surrounding advice for a Sipp transfer.
A director of pensions and investments firm LV= was killed at the weekend after intruders shot him.
Two trustees have been banned because of a pension scheme with £16m of mainly ‘exotic’ investments that “bore the hallmarks of a scam”.
Momentum Pensions has launched a new Sipp and overhauled its existing products to show ‘clearer charges’.
Joanne Segars, the Pensions and Lifetime Savings Association chief executive, is to leave after a decade in charge.
Changes to pensions and savings could again be on the agenda as a result of the snap General Election, a veteran expert believes.
New pension investments (excluding transfers) soared by almost a quarter in 2016, rising from £14bn in 2015 to £17.4bn, suggesting a recovery in pension savings.
A pensions dashboard prototype was unveiled today, as a 24 hour contest began between 20 developers to create the best design.
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