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Displaying items by tag: pensions

Pension deductions from pay will treble for more than four million employees from today.
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The Work and Pensions Committee has called for a package of measures to create better informed, more engaged pensions savers, and a “default decumulation pathway” to protect the less engaged.
Published in Articles
Wednesday, 04 April 2018 14:17

SIPP launched by Scottish Widows

A programme of enhanced workplace savings, including a SIPP, has been launched by Scottish Widows.
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There isn’t anything wrong with a defined benefit transfer for the right person at the right time for the right reasons, but it is a complex decision. So rightly, I believe, there is the advice requirement but this can cause issues for those that can’t afford to pay for advice.

Published in Comment and Blogs
Wednesday, 28 March 2018 14:13

FCA warns over pensions drawdown risk

The FCA has warned that some consumers who choose to take pensions drawdown without advice are failing to engage with the process and are risking financial “harm.”
Published in Articles
Monday, 26 March 2018 12:50

Uber hopes to boost retirement savings

Uber is among the headline names taking part in a ABI project to find ways to help the self-employed save for retirement.
Published in Articles
Friday, 23 March 2018 10:31

More than half of pensioners now top earners

Over half of pensioners are now classed as “top earners”, new figures have revealed.
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Bosses who have jeopardised defined benefit pension schemes could be fined retrospectively, Secretary of State Esther McVey has announced.

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Phillip Hammond has delivered his first Spring Statement today.

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The beginning of February saw the FCA issue a discussion paper DP18/1: Effective competition in non-workplace pensions. Within the discussion paper, the FCA estimates that non-workplace pensions amount to around £400bn in AUM, double the amount invested in DC pensions schemes.
Published in Comment and Blogs
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