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In the lead up to the Spring budget there was a fair amount of speculation about what major (negative) changes were going to be made to pensions.
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It seems today that if there is a problem with pensions or if people are looking for someone to blame for people losing money, then SIPPs seem to be at the front of the line.
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Fewer than one in four over-50s who have paid off their mortgage use the extra cash they save to boost retirement savings, according to new research.
Research carried out for wealth manager St James’s Place by The Wisdom Council reveals that only 49% of UK adults understood the pension changes implemented in 2015 and the impact on their choices at retirement.
Members of the British Bankers Association the BBA have voted to merge with three other bodies to form a new trade association for the finance sector which aims to improve trust in financial services.