Displaying items by tag: Pension

Thursday, 22 August 2019 12:26

TPR fines mystery firm £350k over pension failings

The Pensions Regulator has fined a firm £350,000 for failing to fully comply with its pension duties.

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Tuesday, 20 August 2019 12:38

FOS orders Scottish Widows to compensate client

Scottish Widows has been ordered to compensate a client after a rule change around overseas pension transfers led to him being hit by an unnecessary 25% per cent tax charge.

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Thursday, 08 August 2019 11:25

Pension transfer values and volumes increase during July

Transfer values rose during July 2019, while the number of DB transfers also increased, according to XPS Transfer Watch, which monitors how market developments have affected transfer values for an example member, as well as how many members are choosing to take a transfer value.

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Thursday, 08 August 2019 11:19

Retiree wins £132,000 in unpaid state pension

A pensioner aged 76 who thought he was not entitled to the state pension has received a backdated windfall of £132,800 after intervention from an equity release adviser.

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Friday, 02 August 2019 10:27

Pension withdrawals pass £2.7bn in Q2 2019

Savers withdrew £2.75billion flexibly using the pension freedoms in Q2 2019, up 21% compared to a year earlier, new figures have revealed.

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Thursday, 01 August 2019 12:08

TPR says small pension schemes ‘must quit market’

The Pensions Regulator has called for small pension schemes to quit the market after new research findings.

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Wednesday, 31 July 2019 10:03

Pension Scams Industry Group appoints new deputy chair

The Pension Scams Industry Group (PSIG), the voluntary body set up to support trustees, providers and administrators in combating pension scams, has appointed Tommy Burns as deputy chair.

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Tuesday, 30 July 2019 10:44

LEBC reveals 17% increase in pension pot values

National advisory group LEBC has seen the pension pots of clients buying an annuity grow for a sixth successive year.

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Friday, 19 July 2019 09:52

Origo reveals 20% rise in pension transfer volumes

Transfer volumes through the Origo Transfer Service have increased by 20% year on year between 30 June 2018 and 30 June this year, to over 680k, it has been revealed.

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