04/08/2016
Advisers need pension innovation, says MetLife
The life company asked 104 investment and pension advisers whether they thought providers had done enough to help their clients since pension freedoms were introduced in April 2015.
Pensions
04/07/2016
Preparing to live happily ever after
The Pension Strategy Group in mid-2015 issued a raft of some additional 27 recommendations; some of them no more than reiterations of earlier recommendations dating back to 2005.
04/07/2016
Sesame told to pay over pension advice
Ms Cribbs noted the critical yield needed if Mrs C had decided to retire at age 55 was 4.8 per cent.
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.
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.