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Displaying items by tag: pensions

Despite the significant improvement in annuity rates over the past 18 months, only 14% of 50+ year olds who are at least fairly familiar with annuities consider them to currently offer a good rate.

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Pension dashboard services firms have been urged to maximise the opportunities offered by the extended pensions dashboard deadline.

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Wednesday, 12 July 2023 13:07

Government to widen access to auto-enrolment

The Government has confirmed that it intends to move forward with major reforms to automatic enrolment pensions.

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Tuesday, 11 July 2023 11:41

STM backs £41m takeover bid for firm

SIPP and pensions provider STM Group has agreed in principle to a £41m takeover bid from Guernsey-based investment vehicle PSF Capital GP II Limited, better known as Pension SuperFund Capital.

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Chancellor Jeremy Hunt will today promise “evolutionary not revolutionary” pension reforms to unlock capital for high-growth businesses and boost outcomes for pension savers.

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The number of pension savers who have changed how their workplace pension is invested has almost doubled in 18 months, with more investing responsibly, according to new research published today.

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Tuesday, 27 June 2023 08:49

Annuity break-even point falls by 5 years

The break-even point for retirees to get their money back from an annuity investment has fallen by five years as rates rise, according to Canada Life.

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Monday, 26 June 2023 10:47

Life expectancy falls 7 months for retirees

A new study suggests that retirees may have a life expectancy six to seven months lower than before the Coronavirus pandemic.

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Tuesday, 20 June 2023 11:48

State pension needs reform - Phoenix

There needs to be fundamental reform to the State Pension to prevent later life poverty from worsening as the pension age rises, a new report warns today.

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Friday, 02 June 2023 10:25

DB schemes should offer more flexibility

A former senior official at the Pensions Regulator has called for members of DB pension schemes to benefit from the same flexibility as those with DC schemes have.

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