Displaying items by tag: pensions

Some 8m people are planning a DIY approach to retirement and planning to avoid professional financial advice but admit they do not know how to avoid running out of money in retirement, according to a new study.

Around 4m savers under the age of 40 could be losing out on investment returns because they think a medium risk pension will produce the strongest returns for their pension.

Average earnings data published this morning by the Office for National Statistics (ONS) has highlighted the difficult decision faced by the Chancellor this autumn when deciding on State Pension rates for April 2022.

A director of a Nottingham-based call centre has been banned from running a business for 8 years due to running an unregistered pension scheme.

Whilst the travel industry is celebrating the lifting of many restrictions on overseas trips, rental holidays for commercial property in pensions are going in the other direction.

Pension scammers have attempted to con 14% of the UK adult population, equivalent to 7.6m adults, a new study has found.

Pension savers are nine times more likely to accept advice from a pension scammer online than they would in person, according to new research from the Financial Conduct Authority (FCA).

Nearly 70% of DB transfers went ahead when contingent charging was used compared to less than 28% when non-contingent charging was applied, according to a Freedom of Information request.

Complaints about pensions dropped 69.3% year on year between April 2020 and March 2021, but complaints about investments increased 2.4% over the same period, according to a new complaints data report.

The scaling back of lockdown restrictions is boosting consumer personal finance confidence with one in seven expecting to increase pension contributions in the next year.