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Displaying items by tag: pensions

Wednesday, 19 March 2014 15:16

Major pension changes announced in Budget

The Chancellor announced a wave of tax changes to Isas, pensions and higher rate thresholds in his Budget speech this afternoon including raising the annual Isa limit to £15,000.
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The auto-enrolment scheme now has its three millionth worker – a member of staff at West Ham United.
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The average worker faces trying to live off just over £1,000 per year in retirement, a conference was told.
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A pensions advisory firm believes that the tax-free cash lump sum could be under threat.
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Nearly 94% of advisers support calls to re-introduce a Sipp permitted investment list, a survey has suggested.
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Only about two in ten Britons are putting money aside for retirement – a fall by 16% since 2007 – a study on savings trends has discovered.
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A study looking at why people may be retiring later has suggested nearly three quarters of the workforce fear their pension pot will not be large enough.
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Tuesday, 21 January 2014 08:58

Pension managers expect de-risking market to grow

Nearly six in ten pension managers expect the de-risking market to grow in 2014, a survey suggests.
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Monday, 13 January 2014 11:44

AJ Bell head wants pensions system overhaul

The head of AJ Bell has called on the Government to change the pensions system, including scrapping the lifetime allowance.
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The Financial Planning industry must do a better job of explaining the importance of pensions to the general public, a retirement planning expert says.
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