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Displaying items by tag: pensions

Transfers into Sipps are up 36% over the year and transfers of pensions into drawdown products doubled since April, new analysis released this morning has shown.
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Pension rules should be relaxed to allow multiple drawdown arrangements within the same pension scheme to be consolidated into one, AJ Bell has said ahead of Wednesday’s Autumn Statement.
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Friday, 20 November 2015 12:34

Retirement expectations flawed, says new report

Expectations among workers that they will retire roughly four years younger than their State Pension age are unrealistic, a report has warned.
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Thursday, 19 November 2015 14:04

Women facing 'significant retirement shortfall'

Women could be faced with a significant retirement shortfall as the gap between both attitudes towards saving and savings levels widens with men as they get older.
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James Hay has added 11,000 Sipps in the first 10 months this year – nearly double that of the whole of 2014.
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Tuesday, 17 November 2015 12:05

Leap in retirement saving among 25-74 year-olds

The proportion of 25 to 74 year olds saving for retirement has leapt up in the last two years, a report published this morning has suggested.
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Around 2.4 million grandparents are breaking open their pension piggy banks to help their grandkids, a study has indicated.
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About 14 million people aged 25-34 could be underestimating the pot they need at retirement by nearly £400,000, new research has suggested.
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Nearly one in four over-55s plans to take cash out of their pension funds while still working.
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The CII is to launch a new pensions exam unit to support professional standards in the sector.
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