Displaying items by tag: pensions
Confusing and complex pension options need clarifying, says NAPF
An organisation which represents schemes providing pensions for over 17 million people has labelled the new options for retirees arising from the Budget reforms as "baffling".
Big rise in Sipp complaints to The Pensions Advisory Service
There was a 46% rise in the number of complaints about Sipps made to The Pensions Advisory Service in the last year.
Ruling against firm which sparked Sipp claims fears to be reviewed
A ruling against a Sipp operator which sparked fears of a precedent being set and a rise in claims will be reviewed by The Financial Ombudsman Service.
Top pension fund assets hit new $15 trillion high
Total assets of the world's largest 300 pension funds grew by over 6% in 2013 to reach a new high of almost US$15 trillion, freshly released figures showed today.
Retirement adviser directory given go ahead
A new directory of regulated financial advisers aimed at helping retirees following the pensions and annuities revolution has been given the green light.
Sipps firm adds 400 clients after buying pensions company
Barnett Waddingham has purchased Harsant Pensions for an undisclosed figure, in a deal which will see the firm add more than 400 Sipp and 70 SSAS clients to its existing book of business.
Public so spooked by annuities that ghouls are easier to explain
More people would find it easier to explain the existence of ghosts and detail the offside rule than would be able to describe annuities and pensions.
Move to boost savers pension funds 'could cost industry £1bn'
A move by the Government designed to boost savers' pension funds by cutting down on 'excessive' charges may hit companies' incomes by £1bn – five times more than previously suggested.
Research suggests auto-enrolment message is getting through
Nearly eight out of ten adults back auto-enrolment and believe it is a good policy, a survey has suggested.