04/06/2016
Aegon highlights Self-employed are Big Winners
The self-employed were excluded from the additional earnings related pension so their maximum possible state pension was £119.30.
Pensions
04/06/2016
Tomorrow's 'simplified' state pension leaves thousands worse off
New system will have winners and losers
04/06/2016
Annuities since pension freedoms – what doesn’t kill you makes you stronger
eValue data shows the closing gap between annuities and drawdown, and if the trend continues annuities will very soon overtake drawdown
04/05/2016
The giant pension scheme thwarting Tata Steel rescue
The £15 billion British Steel Pension Scheme leaves workers and politicians in a difficult position as they scramble to rescue Tata Steel.
04/05/2016
Latest pension freedom stats from Royal London
We believe this is because anyone choosing the Royal London income drawdown plan will have taken financial advice.
04/05/2016
Don’t die before August
Today sees yet a further cut to the lifetime allowance, with the value of tax relieved pension benefits an individual is entitled to accrue during their lifetime, reduced to £1m. Gary Smith, Financial Planner at Tilney Bestinvest, delves into the im
04/05/2016
Britain's government is taking up to £19,000 from each millennial's pension
The Pensions Policy Institute said in a report that 11.4 million workers — which are now in their 20s and 30s — will lose up to £19,000 under the new system.
04/04/2016
Danish pension fund to take even more assets in-house
The pension provider is particularly keen on making more direct investments, whereby investors bypass private equity funds and take stakes in companies directly.
04/04/2016
Pension transparency must go further - Zurich UK Life
Which? report highlights confusion over state pension
04/04/2016
L&G unveils income fund for retirement planning
The fund invests in large caps and investment grade bonds and aims to generate inflation plus 4 per cent annually in three-year rolling periods with income reinvested.
04/01/2016
Old Mutual Wealth to cap exit fees at 5%
Old Mutual Wealth will introduce the 5% cap from 1 July 2016, and this will mean the average exit fee across all its pensions will fall by 2%, it claims. The firm said there are approximately 3,700 customers over 55 in pensions that have exit fees.
04/01/2016
QROPS Pension Transfer Charges, How Much?
They can offer tax and investment benefits to many retirement savers, depending on their personal financial circumstances.
03/31/2016
‘Frozen’ state pensions won't improve, says Altmann
Pensions minister Ros Altmann claims government cannot afford to help retirees struggling on ‘frozen’ state pensions outside the UK.
03/31/2016
Old Mutual Wealth cuts exit fees on older UK pensions
It is capping them at 5 per cent for all customers eligible to access their pension, so those that are aged 55 or over.
03/30/2016
PwC adds Andrew Drake and Selina Hall to pensions practice
In 2001 Drake co-founded P-Solve, a firm that provides consultancy advice on a range of financial topics.
03/30/2016
China's Legend Nears £500m UK Pensions Deal
China's Legend is likely to wrap up a deal to invest in the insurer of EMI's retirement scheme within weeks, Sky News learns.
03/29/2016
Pension Crisis Looming as UK Firms Face £800bn Black Hole
It comes amid a period of low returns on investments and higher life expectancy.
03/28/2016
Sweden’s AP2 pension fund takes assets in-house
The overhaul follows the Swedish government’s decision in December to postpone a planned reform of the pension system, which would have resulted in the closure of two state pension funds and a review of the investment limits for the remaining funds.
03/28/2016
Over-55s withdraw £6bn in first year of UK pension freedoms
Just over half of the withdrawals, or 55 per cent, were for cash sums of £10,000 or less.
03/24/2016
Advisers buck predictions and shun alternative tax-planning tools
Providers still maintain demand is growing