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Displaying items by tag: pensions

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.
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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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Thursday, 10 November 2016 10:01

Mike Morrison: Will Hammond start afresh?

If you are quiet you will hear the whoosh of kites being flown! It is that time of the year – with the Autumn Statement on the horizon, everyone wants their ideas to be considered. Some of those kites are a new age-related bonus system, a call for a ‘pensions bonfire’ (to get rid of complexity), and various suggestions of periods of no change and independent pension commissions.
Published in Comment and Blogs
Monday, 07 November 2016 12:19

Six more companies sign up for Pensions Dashboard

Six more providers have signed up for the Pensions Dashboard initiative which will aim to give consumers a central point to monitor all their pension arrangements.
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Mortgage market rules should be used as a blueprint for banning pensions cold-calling, a pensions firm has proposed.
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