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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Upper Tribunal confirms ban on £392m 'reckless' pension transfer pair
The Upper Tribunal has upheld a ban on two "reckless" financial advisers who were involved in 1,470 mostly 'flawed' pension transfers worth over £392m.
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Hargreaves CEO exits after £5.4bn private equity takeover
Dan Olley, CEO of Hargreaves Lansdown, is to leave the firm less than two years after taking up the helm.
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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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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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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.
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.
One in eight people intending to purchase an annuity would not consider switching from their existing pension provider to another supplier, even if they could potentially gain additional retirement income.
Pensions consultancy and SIPP firm Barnett Waddingham has been acquired by insurance intermediary Howden for an undisclosed amount.
There will be a “Spring Statement silence” on pensions, when the Chancellor makes her latest update on the UK’s finances on 26 March, according to pension provider Aegon.
Pension provider Phoenix has confirmed that it is planning to launch a retirement advice service through its Standard Life brand, although it is yet to reveal when the new advice service will be launched to consumers.
Defined benefit pension transfer values have fallen to the lowest observed rate since the XPS Group’s Transfer Activity Index was established in 2018.
A coalition of consumer groups has sent an open letter to MPs and the FCA urging the regulator to abandon its plans to delete most emails automatically after a year.