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.
Workplace pensions lead the way when it comes to what working age adults see as their primary source of money for their retirement.
Nearly a third of firms have told the FCA they always refuse transfers from insistent clients.
Today is Pensions Awareness Day but new research has indicated there is a large degree of ignorance around a key part of retirement saving.
Consumers have been left confused over the new pensions regime, a senior Investment consultant fears.
Sipp provider Mattioli Woods has agreed an £8,300,000 deal to take over SSAS and Sipp administration firm Taylor Patterson.
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.
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.
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left penniless and spending their retirement in poverty, a saving provider has warned, following news that savers have withdrawn £2.5billion since the reforms took effect.
The Government needs to be more transparent about how Pension Wise is performing, a consumer watchdog said today.
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