Displaying items by tag: pensions
House of Lords votes against Triple Lock suspension
The House of Lords has voted to reject a controversial bill to suspend the Pensions Triple Lock and instead sent the bill back to the Commons to be reconsidered.
Lisa Webster: Headaches due to pension age issues
The decision to raise the normal minimum pension age (NMPA) from 55 to 57 was announced back in 2014 at the same time as Pension Freedoms. Clearly this wasn’t the big headline at the time but now we have draft legislation we are seeing news stories as some of the complexities of how the change is being implemented come to light.
Duo launch new SSAS provider
Pension transfer values hit new record
Pension transfer values briefly hit a new high in August as the FCA reviews potential redress for unsuitable transfer advice.
Women on the 'back foot' on pensions
Women are now almost twice as likely as men to feel ‘on the back foot’ on retirement planning as the Coronavirus pandemic battered their confidence, according to a new report from SIPP and pensions provider Aviva.
Lisa Webster: Super-charged salary sacrifice
The recent announcements on the new Health and Social Care Levy, and corresponding rise in tax on dividend income, will boost the attractiveness of salary sacrifice in the years ahead.
20-40 year-olds want to retire at 59
A typical young adult aged 20-40 wants to retire at 59 with an annual retirement income of £26,000, according to new research.
Workplace pensions weather pandemic storm
The percentage of workplace pension savers who actively stopped saving fell slightly during the Coronavirus pandemic, according to data released this morning.
MPAA damaging plans for pandemic retirees - report
The Money Purchase Annual Allowance (MPAA) poses hidden risk to over 55s who have accessed their pension early due to the Coronavirus pandemic, according to a new report.