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Displaying items by tag: pensions

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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One in five over 55s may have been targeted by scammers looking to trick people out of their savings.
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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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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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The difference between the average purchase funds size for a lifetime annuity versus drawdown has grown almost three times bigger since the launch of the pension freedoms, research suggests.
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We live in an instantaneous world – if I go on Amazon I can have my purchase with me the next day, banking can be done at the click of a mouse and bills can be paid without even getting up in the morning.

Published in Comment and Blogs
Friday, 19 June 2015 11:47

Pension advice? We turn to dad, say 36%

As Father’s Day approaches this weekend research has suggested that more than a third rely on their dad for pension and savings advice.
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Pensions administration company Equiniti has announced contingency plans for overseas pensioners in Greece.
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The FCA must fire a warning to firms that barriers stopping savers accessing their pensions are unacceptable, the Government has commanded.
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Parmenion has reported that it has processed nearly 3,000 applications for its in-house Sipp in its first year.
The company said this represented over £200m of assets.
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