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Displaying items by tag: pensions

The pensions industry should avoid "blindly following" systems used overseas as it undergoes a major shake up following the Budget reforms, an expert warns.
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Barnett Waddingham has reported that employers are increasingly coming to the firm seeking pension advice for senior members of staff.
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Wednesday, 18 June 2014 15:46

Guidance guarantee: Route map letter proposed

A pensions expert says it makes sense for retirees to be given a written 'route map' as the Government works out how it will provide its promised free, impartial guidance.
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Pensions campaigner Dr Ros Altmann wants to see a 'National Retirement Guidance Network' created.
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Advisers want a re-think in how pension scheme death benefits are taxed, a sipp provider has said.
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Soon to be retirees should be given a voucher to provide their free, impartial retirement guidance, as pledged by the Government, a pensions firm has proposed.
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Act now or risk failure is the message to the Government today from two major organisations, which say there is a "unnerving lack of detail" still about the guidance guarantee on pensions.
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The number of people saving adequately for retirement is the highest it has been since 2009 – standing at 53% - Scottish Widows has said.
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Pension providers are not trusted to offer impartial guidance on retirement options, according to a new Which? survey.
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A new directory of regulated financial advisers who specialise in retirement guidance is to be set up to help consumers looking for help as they get ready for life after work.
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