05/12/2016
“Millennials are beginning to benefit from the improving economic conditions and need to be encouraged to save more for later life. Yet, with the demise of lucrative final-salary schemes, they face a mountain to climb if they are to achieve the sam
05/11/2016
If this was embarrassing, then perhaps even more so was the revelation that the regulator signed off on a plan by the buyers to turn around a pension scheme deficit running at more than £200m over 23 years.
05/11/2016
Although the big picture of the new regime remained largely untouched at first, we have seen plenty of changes over the last six years, with repeated adjustments to the lifetime and annual allowances.
05/10/2016
Given the lack of an equivalent to auto-enrolment, the government could be accused of failing to act to avert a collapse in rates of pension saving for the self-employed.
05/05/2016
Banking giant Barclays is selling shares worth 12.2% of Barclays Africa Group as it moves to drive down its stake in the lender.
05/05/2016
The money will be used to fund expansion at PIC, which was founded by entrepreneur Edi Truell.
05/03/2016
Expats are concerned about how a Brexit vote to leave the European Union would impact on their Qualifying Recognised Overseas Pension Scheme (QROPS) and state pensions, according to a new survey.
05/03/2016
The workplace savings market is expected to triple in size over the next 10 years.
05/03/2016
Pension funds account for nearly two thirds of the index (322) and insurers nearly a quarter (118).
04/27/2016
The PPF is paid for by a compulsory annual levy charged on all eligible pension schemes in the United Kingdom.
04/26/2016
The regulator is also considering extending the payment via commission on non-advised product sales ban, including annuities.
04/26/2016
The extra cash raised would be put into a pension or Lifetime Isa as long as savers make a 5 per cent contribution themselves.
04/26/2016
The pensions watchdog said it has launched a probe into the arrangements at collapsed department chain BHS.
04/21/2016
The investment of up to £75m was approved by BAE Systems Pension Funds Investment Management, which manages three defined benefit schemes for the corporate plans’ trustees and has £16bn of assets under management.
04/21/2016
The sharp closing of the gap in preference between annuities and flexible income from this time last year shows that the pension reforms were a far off step from killing annuities.
04/21/2016
People understandably want to take control of their future retirement, but are often hampered by the bureaucracy and cost that a complex financial industry inadvertently puts in their way.
04/20/2016
Student debt and childcare costs were preventing women from saving, according to research by the women's equality charity and University of Sheffield, supported by Scottish Widows.
04/20/2016
In a paper released today, HMRC said it expects 300,000 people to take up this option, out of five million annuity holders.
04/20/2016
Aon Hewitt, the consultancy that advised on the deal, said the move would result in "considerable fee savings" for the funds once the transition has taken place.
04/19/2016
The research found that people want pensions language to encourage them to take responsibility for their finances, but it should not be alarmist.