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Displaying items by tag: pensions

Friday, 23 January 2015 10:30

Annuity rates take a plunge since last summer

Annuity rates have plunged since the summer, a study has shown.
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A former international cricket captain will manage Sipp investment portfolios as part of his new role at a Financial Planning firm.
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The new pensions service will "fall significantly short of the promise of face to face guidance for all" due to the lack of centres providing it, an expert has warned.
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Complaints and compensation claims about advice relating to Sipps will continue to rise, with an extra 500 cases predicted for the next financial year, the FSCS warned today.
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Growing numbers of complaints about Sipps have been blamed for a jump in the levy advisers will have to pay next year.
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A ruling from the Pensions Ombudsman regarding a Sipp could make it harder for providers to stop customers from transferring to possible scam schemes, an expert believes.
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Retirees will be taking out retirement funds via 'pension bank accounts' by 2020, experts have predicted.
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A financial advisory firm has warned of an impending "boom time" for pension scammers after reporting a wave of cold calls to clients from possible fraudsters.
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Monday, 12 January 2015 09:47

Name of new pensions guidance service revealed

The name of the new pensions guidance service has been unveiled today as Pension Wise.
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The Pensions Minister is set to be grilled by MPs in Parliament on Monday as part of an ongoing inquiry into the progress made with automatic enrolment.
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