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Displaying items by tag: Pension

Industry experts have bemoaned the failure of the Queen’s Speech to move the pensions dashboard scheme further forward and to tackle fraud.
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Monday, 04 April 2016 12:15

Consumers missing pension scam warning signs

The vast majority of consumers (88%) are missing common warning signs of a pensions scam including a growing trend by scammers to offer bogus “free financial advice”, the Citizens Advice Bureau has warned.
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Despite not getting top billing in yesterday’s Budget – unlike the bombshell announcements of 2014 – pensions did still feature.
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Pension savers are struggling with so-called ‘retirement envy’ as they see the living standards and lifestyles of people who are already retired, says new research.
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Any moves to further reduce tax relief on future pension contributions would be a “second tax grab on pension savers”.
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Failure to save earlier in life to build up a pension is the biggest financial regret for over a quarter of over 65 year-olds, a survey suggests.
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The FCA is to review its pension rules post the pension reforms to address the, “risks and challenges faced by consumers in the new retirement market.”
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Thursday, 10 September 2015 11:14

Workplace pension saving is surging, report finds

Employer contributions are crucial to boosting pension savings for over half (54%) of those enrolled in a defined contribution pension scheme in the UK, new research has revealed.
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Wednesday, 05 August 2015 11:19

Sipp firm: Surge in succession planning enquiries

A Sipp firm has reported a surge in enquiries from advisers about succession planning on behalf of their clients.
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Plans for a secondary annuities market will not be implemented until at least 2017 after the Treasury said the move would be delayed.
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