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Displaying items by tag: retirement

Wednesday, 27 August 2014 12:40

Retirement adviser directory given go ahead

A new directory of regulated financial advisers aimed at helping retirees following the pensions and annuities revolution has been given the green light.

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A move by the Government designed to boost savers' pension funds by cutting down on 'excessive' charges may hit companies' incomes by £1bn – five times more than previously suggested.

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Nearly eight out of ten adults back auto-enrolment and believe it is a good policy, a survey has suggested.

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Friday, 01 August 2014 10:11

AXA Wealth's Sipp sales jump by 40 per cent

The sales of two types of Sipp offered by AXA Wealth have risen over the last year, the firm has reported.

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The total UK 'at retirement' market has been forecast to more than triple in size in the next 10 years, with annuity sales still high despite taking a hit in 2014.

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The time has come for a 'pensions passport' to be made a reality, according to leading figures in the industry who have come out in favour of the idea.

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A levy on regulated financial services firms will pay for the Government's pledge of free, impartial retirement guidance, the Treasury confirmed this morning.
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The FCA has today sent a damning letter to all Sipp operators telling them there are still widespread failings which put consumers' pension savings at "considerable risk".

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There are over one million millionaire retired households in the UK, new analysis has shown.
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Automatic enrolment could more than double the numbers saving in DC schemes by 2030, according to the Pensions Policy Institute.
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