Displaying items by tag: pensions

Average earnings data published this morning by the Office for National Statistics (ONS) has highlighted the difficult decision faced by the Chancellor this autumn when deciding on State Pension rates for April 2022.

A director of a Nottingham-based call centre has been banned from running a business for 8 years due to running an unregistered pension scheme.

Whilst the travel industry is celebrating the lifting of many restrictions on overseas trips, rental holidays for commercial property in pensions are going in the other direction.

Pension scammers have attempted to con 14% of the UK adult population, equivalent to 7.6m adults, a new study has found.

Pension savers are nine times more likely to accept advice from a pension scammer online than they would in person, according to new research from the Financial Conduct Authority (FCA).

Nearly 70% of DB transfers went ahead when contingent charging was used compared to less than 28% when non-contingent charging was applied, according to a Freedom of Information request.

Complaints about pensions dropped 69.3% year on year between April 2020 and March 2021, but complaints about investments increased 2.4% over the same period, according to a new complaints data report.

The scaling back of lockdown restrictions is boosting consumer personal finance confidence with one in seven expecting to increase pension contributions in the next year.

Major workplace pensions provider NOW: Pensions is to commit to net zero carbon emissions by 2050 and an expanded sustainable investment strategy in a major shift towards ESG investments.

You may have seen headlines recently about the pension savings “crisis” hitting the self-employed. According to the latest Financial Resources survey from the DWP only 18% of working-age adults that are self-employed are currently participating in a pension. This is compared to 75% of employees of the same age.