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A pensions expert believes an idea floated by Pensions Minister Steve Webb for the resale of existing annuity contracts will never work.
A pensions firm which has recently warned about that retirees face a major financial shortfall has welcomed research finding a healthy attitude among 18-24 year olds towards savings.
Politicians have been urged to make one key New Year's resolution – to refrain from fiddling further with pension rules.
Criminals are getting ready to pounce on unsuspecting savers when the new retirement reforms take effect, a pensions expert has warned.
As is often the case, come springtime I was asked whether there would be any changes in the upcoming 2014 budget. I thought about it, taking into consideration where we were with pension reform and with a General Election on the horizon, and I categorically said "No – too near to the Election." The rest is history!
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Retirement wealth planning firm James Hay has laid out plans to introduce greater flexibility for clients as the pension reforms kick in next April.
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