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Displaying items by tag: pensions

In the six months after the launch of the new State Pension in April more than 1.5 million personal State Pension forecasts were issued, says the Department for Work and Pensions.
Published in Articles
Friday, 25 November 2016 10:22

Fears that SSAS could be victim of scam crackdown

A Financial Planning firm director fears genuine entrepreneurial investors maybe put off from using flexible pensions such as SSAS, following signals of a scam crackdown.
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Thursday, 24 November 2016 10:19

Mike Morrison: When will we realise what we've done?

‘Another one bites the dust!’ A tenuous way to start an article I know, but it is in response to the news that another insurance company has decided not to continue in the annuity market (LV=).
Published in Comment and Blogs
A consultation looking at a new law to ban pension cold calls has been announced by the Government this afternoon.
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A new law to ban pension cold calls must be prevented from having a “chink in the armour” by failing to include investments, an adviser heading the campaign says.
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Thursday, 17 November 2016 15:03

SSAS trustees win FOS case against advice firm

The Financial Ombudsman has ruled against an advice firm over investing in an unregulated collective investment scheme.
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The development of the Pensions Dashboard has been one of the big pension related stories of 2016 – with the Treasury signing up eleven of the largest pension providers to build the first prototype of its kind in the UK.
Published in Articles
Tuesday, 15 November 2016 11:33

1 in 10 drawdown customers regret decision

A new study has found that more than one in ten drawdown customers regret their decision.
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Twice a year, every year for the last ten years, I have had the discussion with my peers about tax free cash, or to give it its correct legislative name, pension commencement lump sum, and if it will lose its tax free status in the next announcement.
Published in Comment and Blogs
Friday, 11 November 2016 11:26

Women hit with 'double whammy' on pensions

As the world marks Equal Pay Day today, Aegon’s head of pensions Kate Smith says women are being hit by a double whammy on pensions and pay.
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