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Displaying items by tag: pensions

The time has come for a 'pensions passport' to be made a reality, according to leading figures in the industry who have come out in favour of the idea.

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Wednesday, 23 July 2014 14:33

HMRC throws out 362 pension schemes

A crackdown on pensions liberation has led to HMRC rejecting 362 pension scheme applications in the last nine months.
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A levy on regulated financial services firms will pay for the Government's pledge of free, impartial retirement guidance, the Treasury confirmed this morning.
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The FCA has today sent a damning letter to all Sipp operators telling them there are still widespread failings which put consumers' pension savings at "considerable risk".

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There are over one million millionaire retired households in the UK, new analysis has shown.
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A pensions firm has reported the trend towards including commercial property in new Sipps has continued, with a further increase this year.

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Automatic enrolment could more than double the numbers saving in DC schemes by 2030, according to the Pensions Policy Institute.
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A new directory of regulated financial advisers risks failing in its aims if it insists upon a no minimum pot policy, its creators have been warned.
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The invention of a time machine may be essential for babies born today to secure a comfortable retirement.
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Wednesday, 09 July 2014 13:25

No plans to fund retirement for many over 40s

Nearly a third of people in their 40s have no plans at all to fund their retirement and one in ten say they will 'work until they drop'.
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