Displaying items by tag: pensions
Wednesday, 15 July 2015 12:23
Pension reforms: Payments worth £1.8billion withdrawn
Savers took out £800m worth in payments from income drawdown policies in 170,000 withdrawals in the first two months after the pension reforms kicked in.
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Monday, 13 July 2015 10:45
Provider urges advisers to review their SSAS books
A SSAS provider has urged advisers to review their SSAS books of business following HMRC's increased controls on the new fit and proper test.
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Wednesday, 08 July 2015 15:22
'Radical' pension and ISA reforms green paper launched
George Osborne has opened up the possibility of “radical reforms” which could mean pensions become taxed like ISAs.
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Tuesday, 07 July 2015 09:09
Mike Morrison: Advisory regime needs some radical change
A couple of Saturdays ago, and in a break from having a full weekend, I was asked to speak at the Retirement Money Show in London.
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Monday, 06 July 2015 10:41
Neil MacGillivray: Bleak future beckons for state pension
The Office of Budget Responsibility (OBR) has recently issued its annual Fiscal Sustainability Report. This report looks at how government spending and revenues may evolve over the next 50 years and how this will impact on public sector net debt.
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Friday, 03 July 2015 10:44
Rising demand is a struggle to handle - Pensions Ombudsman
The Pensions Ombudsman has admitted it has been struggling to cope with rising demand as figures show a 42% increase in investigations over five years.
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Wednesday, 01 July 2015 10:29
Standard annuity rate rises to highest level this year
The standard annuity rate rose to its highest level for the whole of 2015 during June, according to figures released this morning.
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Tuesday, 30 June 2015 10:04
'It's clear pension scammers are already preying'
One in five over 55s may have been targeted by scammers looking to trick people out of their savings.
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Friday, 26 June 2015 12:19
Devil and Thor legend trek: Pensions firm hailed by charity
A Cystic Fibrosis charity has thanked staff at a pensions company for raising nearly £4,000 by trekking to a huge hollow where the devil tormented the god Thor, according to legend.
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Friday, 26 June 2015 11:49
'We must safeguard annuities plan against scammers and not rush'
Protection for the rights of dependents and beneficiaries particularly vulnerable older people must be cemented before secondary annuity market plans go ahead, the ABI says.
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