Displaying items by tag: pensions
Public so spooked by annuities that ghouls are easier to explain
More people would find it easier to explain the existence of ghosts and detail the offside rule than would be able to describe annuities and pensions.
Move to boost savers pension funds 'could cost industry £1bn'
A move by the Government designed to boost savers' pension funds by cutting down on 'excessive' charges may hit companies' incomes by £1bn – five times more than previously suggested.
Research suggests auto-enrolment message is getting through
Nearly eight out of ten adults back auto-enrolment and believe it is a good policy, a survey has suggested.
Gap growing between best and worst annuity rates
Govt must do more to protect 'liberated' pension retirees
Wealth manager St James Place says that pension reforms will create retirement opportunities but retirees will need ongoing advice to avoid running out of money in retirement.
Calls for more powers to combat pension fraud
The Pensions Regulator should be given the power to remove websites that are suspected of pension liberation, a pensions firm says.
Over 20 million people to rely solely on state pension, says report
About 20.5 million people may be planning to rely exclusively on a state pension to help fund their retirement, fresh estimates have suggested.
Retirement market to treble by 2023 with annuity sales bounce
The total UK 'at retirement' market has been forecast to more than triple in size in the next 10 years, with annuity sales still high despite taking a hit in 2014.
'Time has come for pension passports to become reality'
The time has come for a 'pensions passport' to be made a reality, according to leading figures in the industry who have come out in favour of the idea.