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Displaying items by tag: pensions

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".

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There was a 46% rise in the number of complaints about Sipps made to The Pensions Advisory Service in the last year.

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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.

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Tuesday, 02 September 2014 12:11

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.

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Wednesday, 27 August 2014 12:40

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.

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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.

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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.

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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.

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Nearly eight out of ten adults back auto-enrolment and believe it is a good policy, a survey has suggested.

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The gap between the best and worst annuity rates is widening, according to new analysis.

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