03/10/2015
Investors worth £350bn draw ‘red lines’ with fund managers
These have all highlighted structural issues around interactions with investors
Pensions
03/10/2015
MPs call for hike to pension freedom age
MPs say allowing savers to cash in their pensions at age 55 could create 'unrealistic expectations' about retirement.
03/09/2015
Barclays 'misleading shareholders' says pension body
Barclays said there had been no breach of promise and that Mr Gillies would succeed Sir John on 23rd April.
03/08/2015
QROPS Solve Expat Pension Banking Problems
Expat pensioners are suffering from the knock-on effects of tighter financial regulation following the credit crunch as British banks close overseas accounts
03/08/2015
How to retire like a millionaire
Buying a decent annuity for your retirement usually means having a very hefty pension pot to draw upon. Another, often cheaper, solution is to remain invested
03/05/2015
Axa Wealth’s Secure Advantage+ combines annuity and drawdown
Holders of the plan will also be able to choose different investment strategies according to their attitude to risk.
03/05/2015
Legal & General chief calls for 'fairer' pension tax relief as profits jump
The boss of Legal & General has backed calls for a flat rate of pension tax relief, arguing this would create a fairer system for lower earners
03/05/2015
Poland's second-pillar pensions reform faces class action
Poland’s controversial second-pillar pensions law, which took effect in 2014, is facing a new legal challenge.
03/04/2015
FCA estimates up to £840m ‘irrational’ DB transfer demand
In an annex to a paper published this morning setting out new rules on advice from pension schemes with ‘safeguarded’ benefits, the regulator sought to quantify how many savers might seek to ‘irrationally’ transfer.
03/02/2015
FCA publishes final rules for charges in workplace pension schemes
The Financial Conduct Authority (FCA) has today confirmed final rules which will require firms operating workplace pension schemes to implement a charge cap for default funds used for automatic enrolment
02/27/2015
Where do international advisers stand following the pension reforms?
Unless you have been living in an underground cave three miles west of Timbuktu you will be aware that the pension system has been reformed
02/27/2015
Over half of advisory firms see business boosted by pension reforms - Survey
Majority of advisory firms already seeing bottom lines boosted by pension freedoms
02/27/2015
Labour weighs pension tax relief cuts to fund student fees
Labour is weighing plans to cut pension tax reliefs in an effort to raise £2 billion to subsidise university tuition fees, according to reports.
02/27/2015
FCA sets out rules on pensions sales ahead of April shake-up
The FCA advised pension providers to discuss the individual's health and make customers aware of investment scams in the risk warnings.
02/27/2015
No big bang after pension rules change, says Old Mutual boss
Investment firm is preparing for the retirement overhaul on April 6 but does not expect a rush to move money
02/23/2015
Industry calls for independent Pensions Commission
The report, “Consensus Revisited” reveals that, despite a number of positive policy initiatives, many future savers are still unlikely to secure adequate retirement incomes as a consequence of economic and demographic headwinds
02/23/2015
Nutmeg aims to shake up Sipps with pension launch
Nutmeg is seeking to take on the likes of Hargreaves Lansdown in the Sipp market with the launch of a pension product
02/20/2015
Over half of asset managers will not reduce fees for April charge cap
The polls were carried out at a DC conference held by the Association of Investment Management Sales Executives (AIMSE), attended by more than 90 managers.
02/20/2015
DWP: We don’t want to dictate how schemes look
The government wants to encourage innovation in the pensions industry without dictating how the schemes will look, as it continues to create the collective benefits scheme framework.
02/19/2015
The Pensions Regulator publishes transfer guidance
The guidance is aimed at making sure trustees have appropriate processes in place to manage transfer requests.