11/26/2015
Autumn Statement: Pensions delay for millions will save £840m
Policy documents, issued with the Autumn Statement, revealed the delay would bring in an estimated £840m for the Treasury from 2017 due to savings on pensions tax relief.
Pensions
11/23/2015
SEI Appointed Fiduciary Manager to UK Power Networks Pension Scheme
The Trustee chose SEI following a competitive process, involving nine providers, run by IC Select. In addition, SEI will also provide investment advice to the DC section of the scheme.
11/22/2015
London local government pension schemes to pool £25bn
The belief is that the launch of a collective investment vehicle for the pension funds will shave up to £3m off their costs of investment.
11/19/2015
Tax confusion over pension reforms
More than half of the general public are still unsure about what the tax rules are when it comes to taking cash out of pension, new research has found.
11/17/2015
PRSAs: what you need to know as the ‘portable’ pension is set for renaissance
Due to Finance Bill, personal retirement savings accounts will get USC exemption
11/09/2015
Now UK taxpayers forced to contribute BILLIONS towards Brussels bureaucrats' PENSIONS
BRITISH taxpayers will be forced to contribute more hard-earned cash towards the growing pensions of retired European Union fat cats.
11/06/2015
River and Mercantile wins £1bn pension mandate
Net inflows stood at £592 million, with net sales at £152 million.
11/06/2015
Insider special report: Wealth management
Auto-enrolment is about engaging the shop-floor and lower earners in pensions
11/06/2015
Pension Wise hits back at Zurich take-up claim
Only 4 per cent of those aged 55 plus in defined contribution pension schemes have spoken to Pension Wise, research from provider Zurich revealed.
11/03/2015
Top earners need to act now on Osborne’s pension tax break plans, warns deVere CEO
George Osborne has already signalled plans to change existing pension tax breaks in the next Budget.
10/27/2015
Is this one Sipp provider to put in your pension?
Stuart Widdowson, manager of top smaller companies fund Strategic Equity Capital, spots a golden opportunity in Dublin.
10/26/2015
UK pension schemes face £62bn rise in liabilities if interest rates stay low - JLT Employee Benefits
There is an expectation that interest rates in developed economies will rise and when they do, pension deficits will improve
10/25/2015
Swedish pension chief executives condemn reforms
The funds, which were set up to meet potential shortfalls within the state pension system, have long been criticised for producing lacklustre returns and for their expensive management structure.
10/23/2015
European Platforms Poised for Growth as Pension Reforms Kick In
The radical overhaul of UK pensions embodied in the various "pension freedom" changes will boost platforms' significance as a distribution channel for managers accessing retirement fund investors
10/20/2015
Final salary pensions raid will prompt a significant increase of pension transfers from UK
In this latest raid, the lifetime pensions limit on a defined benefit scheme would be reduced by as much as a quarter.
10/19/2015
Advisers align with accountants as tax planning demand rises - research
The majority of advisers believe closer collaboration with accountants could lead to increased tax planning business post-pensions freedom, according to Prudential research.
10/19/2015
UK businesses adapting workplace pension schemes for millennials
Nine in ten businesses are considering their younger workforce when it comes to pension provision
10/19/2015
Parliamentary committee urges Pension Wise improvements
The report also recommended that the government work with providers to ensure that Pension Wise provides a more personalised and holistic service that looks at retirement income products in the context of other savings vehicles.
10/19/2015
UK lawmakers call for action on financial advice gap
The UK pension freedoms introduced in April this year are not yet operating as well as they should, and the provision of affordable advice was “woefully inadequate”, a new report from a parliamentary oversight committee found.
10/19/2015
MPs tell FCA to be clearer about insistent clients
The FCA, as part of the Financial Advice Market Review, were told by the MPs to clarify the distinction between guidance and advice, the definitions of safeguarded benefits and protections in providing advice to insistent clients.