Displaying items by tag: Government
Govt presses ahead with LTA abolition despite concerns
The Government has issued a new Financial Bill which includes the legal mechanism for the abolition of the pensions Lifetime Allowance (LTA).
Government wants total ban on financial cold calling
The Government has proposed banning cold calls offering any financial products as part of its plan to tackle fraud and scams.
Government to widen access to auto-enrolment
The Government has confirmed that it intends to move forward with major reforms to automatic enrolment pensions.
Govt urged to tackle ‘great sickness’ not ‘great retirement’
The number of people of working age who are retired is actually now lower than it was at the start of the pandemic, according to a new report.
Zahawi becomes new Chancellor as Sunak quits
Nadhim Zahawi, the former Education Secretary, has become the new Chancellor of The Exchequer following the shock resignation of Rishi Sunak yesterday.
Pension Wise failing to reach mass acceptance
Two in three UK adults aged 45-65 view the government as doing “terribly” in its attempts to make using Pension Wise the norm for pension guidance, according to new research.
AJ Bell calls for Pension Scam Prevention Minister
The Retirement Cafe has marked its 100th episode, with founder Justin King of MFP Wealth Management helping more people plan for retirement via the medium of podcast.
Govt to push back Pension Freedoms by 2 years
Industry experts have expressed concern about the Government’s confirmation it will legislate to increase the age the Pension Freedoms can be accessed from 55 to 57 from 2028.
Revamped Pensions Bill on the way says Govt
A new Financial Services Bill and a ‘refined’ Pension Schemes Bill will be introduced by the Government as part of a 30-bill programme announced in the Queen’s Speech today.