Displaying items by tag: pensions
Over 50s unimpressed by rising annuity rates
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.
Firms urged to act on pension dashboard delay
Pension dashboard services firms have been urged to maximise the opportunities offered by the extended pensions dashboard deadline.
Government to widen access to auto-enrolment
The Government has confirmed that it intends to move forward with major reforms to automatic enrolment pensions.
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.
Chancellor to promise 'evolutionary' pension reforms
Chancellor Jeremy Hunt will today promise “evolutionary not revolutionary” pension reforms to unlock capital for high-growth businesses and boost outcomes for pension savers.
Investors turning to green pensions, says report
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.
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.
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.
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.
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.