Displaying items by tag: pensions
Over 60% of Sipp complaints to ombudsman upheld
More than six out of ten complaints about Sipps to the Financial Ombudsman Service have been upheld since 2013.
'Britain sleepwalking towards impoverished retirement'
Britain is "sleepwalking towards an impoverished retirement" due to a major shortfall in retirement savings, a firm behind a year long study has warned.
Citizens Advice Bureau lands retirement guidance service job
The Citizens Advice Bureau has replaced the Money Advice Service as one of the two partners to deliver the pensions guidance guarantee.
'Next April could herald PPI style scandal for pensions'
The pension reforms risk creating another PPI-style scandal, a financial services firm's founder says.
Risk for retirees' future posed by returning children
The increasing number of adult children living with their mum and dad could be sapping their parents' savings and affecting their plans for retirement, a think tank has warned.
'New retirement body needed to secure long term future for pensions'
An independent retirement savings commission should be created to put the long term interests of savers at the heart of pensions policy, according to The National Association of Pension Funds.
Auto-enrolment earnings trigger may be frozen
Firm slams 'dangerous' pension and bank account analogy
Turning pensions into something beginning to resemble bank accounts is "dangerous and misleading", according to a pensions firm, following more reforms announced by the Government.
'Advisers need to protect clients from themselves over pensions'
The job of advisers will be to "protect people from themselves" in the new era of pensions being ushered in from April, Partnership's chief executive says.
Retirement age plans are "flawed"
Government plans to raise the retirement age by up to six months per year are "flawed" but should be a "wake up call," says the head of a global financial advisory organisation.