Displaying items by tag: pensions

Leading industry pensions and advice sector experts have welcomed Labour’s victory as a chance to push forward some key financial reforms but some have raised questions about the clarity of Labour's pension and advice priorities.

Pension and investments provider Aegon has launched a client reporting tool for Financial Planners and advisers to use across the firm’s Retirement Choice and One Retirement platforms.

Over half (55%) of savers over 25 believe that government support for retirement will decrease by the time they reach retirement age, according to a new report.

Victims of the Hartley Pensions collapse have moved a step closer to having their funds unlocked with the appointment of a firm to receive transfers from the Hartley SIPP business, which is currently in administration.

“You’ve overpaid income tax on your pension? Well, at least you’ve not underpaid!”

Pensions could yet prove to be a decisive issue in the upcoming election with nearly nine in ten working people (88%) wanting whichever party wins the election to do more to help people save for retirement, according to new research.

The number of Britons looking to release money from their property to fund their retirement has risen to 61%, according to a report from the Equity Release Council.

More than half of all pension pots are still being cashed out in full, as fewer people seeking professional guidance, new figures from the FCA have revealed.

The FCA’s latest retirement income market data for 2022/23 published today has revealed that the overall value of money being withdrawn from pension pots is falling, dropping 5% to £43.199m from £45,638m in 2021/22.

Pension provider Aegon has urged the Government to consider a more flexible State Pension age and allowing early pension access to some people amid fears of further “significant” increases in the State Pension age up to 74 and the risk it could cause harm to many.