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Displaying items by tag: pensions

The State Pension is not fit for purpose and should be replaced with a Workplace ISA and a new residency-based Senior Citizens’ Pension, a think tank says.
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Nearly half of savers living in the north region are using cash ISAs to build a retirement fund, according to a new report.
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The ruling about cab company Uber and employment rights will have important consequences for tax and pensions, professionals say.
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The Financial Services Compensation Scheme has revealed a list of another 25 failed finance firms this morning - including a number of pension businesses.
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Thursday, 27 October 2016 12:47

Sipp investors 'penalised' by property rule change

Sipp property investors are being penalised by a rule change made by the the Scottish Government, a Sipps firm says.
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The post-freedoms pension fraud spike was “worse than previously feared”, new analysis indicates.
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The average withdrawal per person from pensions since the freedoms were launched has fallen to under £10,000.
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The Treasury must avoid putting shackles on the new Pensions Advice Allowance that could deter younger savers engaging with their retirement planning, a pensions firm says.
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A new Pensions Bill published yesterday spells the death knell for badly run Master Trusts, an analyst says.
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The former Pensions Minister has attacked the Government's decision to abandon a “potential lifesaver” for thousands of people.
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