Popular News
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SPP says changing salary sacrifice would be negative
Changes to salary sacrifice would cause confusion, reduce benefits to employees, and disincentivise pension savings, The Society of Pension Professionals has warned.
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Minimum needed for retirement falls by £1,000: PLSA
The minimum amount someone needs in retirement has fallen, according to the latest update of the Pensions and Lifetime Savings Association’s (PLSA) Retirement Living Standards report.
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Retirement standard figures should be ‘wake-up call’
Pension experts said that today’s figures from the PLSA about retirement living standards should be a ‘wake-up call’ for savers.
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Wealth transfer as important as estate planning to clients
Transferring wealth between generations is as important to clients of Financial Planning firms as retirement, according to a new study.
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Wealth transfer is priority since Budget pension proposals
Advisers and clients have become more concerned about wealth transfer since the Government’s proposals in the Autumn Budget to include unused pension assets in the estate for inheritance tax.
Latest Blog
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James Jones-Tinsley: Aiming for an advice-guidance sweetspot
As Nikhil Rathi is reappointed as CEO of the Financial Conduct Authority (FCA) for another five years, the FCA has set out its strategic direction for 2025/26, with important implications for financial advisers.
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Lisa Webster: Divorce impact on lump sums raises question
The lifetime allowance may have been consigned to the annals of history but the various forms of protection are still relevant in the new world, especially when it comes to the amount of pension commencement lump sum (PCLS) that can be taken.
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Martin Tilley: How education can tackle pension scams
The dark reality of pension scams is that we don’t really know how common they are. Fraud is a crime which tends to have low reporting events and with pension scams, it’s no different. The emotional toll can be as large as the financial, with some people being too embarrassed to report that they have been the victim of a scam.
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Lisa Webster: Maximising protected tax-free cash
While 2024 ended with a lot of doom and gloom in the pension world following the big announcement on inheritance tax (IHT), there was some good news that may have slipped under the radar of some advisers.
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Lisa Webster: Overcomplicated rules are a threat
It may be more than a year since the Lifetime Allowance was formally abolished but issues are still emerging from the mess made by rushed legislation.
MPs and members of the House of Lords have this week published a critical report on the Financial Conduct Authority (FCA), branding the regulator ‘incompetent.’
Nearly two thirds (64%) of self-employed workers between the age of 60 and 65 have zero private pension savings, according to a new think tank report.
More than half of workplace pension holders (52%) are currently feeling overwhelmed by managing multiple pension pots and that could lead to an explosion of users of pensions dashboards when launched.
One in five (19%) people don’t know much they and their employer is contributing to their pension.
Independent SSAS provider WBR Group has appointed Caitlin Southall to the newly-created role of head of SSAS proposition.
Adviser platform Transact has added the ability to open existing clients’ pension wrappers, such as personal pensions and SIPPs, online.