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Displaying items by tag: pensions

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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Wealth manager St James Place says that pension reforms will create retirement opportunities but retirees will need ongoing advice to avoid running out of money in retirement.

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Thursday, 31 July 2014 11:41

Calls for more powers to combat pension fraud

The Pensions Regulator should be given the power to remove websites that are suspected of pension liberation, a pensions firm says.

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About 20.5 million people may be planning to rely exclusively on a state pension to help fund their retirement, fresh estimates have suggested.

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The total UK 'at retirement' market has been forecast to more than triple in size in the next 10 years, with annuity sales still high despite taking a hit in 2014.

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