Displaying items by tag: pensions

Defined benefit pension (DB transfer) activity feel to the lowest level since September 2020 in April but red flag cases rose to a three-month high.

The take up of Pension Wise appointments remains stubbornly low and the FCA’s recent paper “The stronger nudge to pensions guidance” is the latest in a line of initiatives designed to increase take-up.

The FCA is to consult on introducing a new type of open-ended fund which invests in long-term illiquid assets.

This month we celebrate 15 years since pension simplification was introduced – Happy Crystal Anniversary all!

DB pension transfer values showed a recovery in March after dipping in February, according to the monthly XPS Transfer Watch.

The number of people who want to retire early has more than doubled during the pandemic from 4% to 10% and more people have clearer retirement plans.

The pension system is failing to support mothers and career breaks taken by women are a driving factor behind the gender pension gap, according to a new report.

Two in three UK adults aged 45-65 view the government as doing “terribly” in its attempts to make using Pension Wise the norm for pension guidance, according to new research.

More than 1,000 pension savers were hit every working day in 2020 by the Money Purchase Annual Allowance (MPAA), according to new analysis.

The Treasury recently released its consultation paper on how the increase in normal minimum pension age (NMPA) is implemented. We have known for several years that the increase from age 55 to 57 was planned to take effect from 6 April 2028, so there is no surprise in the increase itself.