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Displaying items by tag: pensions

Tuesday, 21 October 2014 10:41

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.

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Britain is "sleepwalking towards an impoverished retirement" due to a major shortfall in retirement savings, a firm behind a year long study has warned.

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The Citizens Advice Bureau has replaced the Money Advice Service as one of the two partners to deliver the pensions guidance guarantee.

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The pension reforms risk creating another PPI-style scandal, a financial services firm's founder says.

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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.

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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.

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Wednesday, 15 October 2014 12:30

Auto-enrolment earnings trigger may be frozen

The link between the auto enrolment earnings trigger and income tax could be axed next year.

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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.

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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.

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Friday, 10 October 2014 12:53

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.

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