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Displaying items by tag: retirement

Wednesday, 28 September 2016 11:01

Retirees spend more on gambling than working people

Retirees are spending more of their cash on gambling than working people, a report says.
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Total membership of occupational pension schemes has reached the highest level since the figures were first recorded by the ONS in 1953.
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The former Minister “who made pensions sexy” claims that the new LISA is “an abomination” and is more likely to prompt cash splurges on Lamborghinis than the pension freedoms have.
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Friday, 16 September 2016 12:28

Director warns LISA 'aiming to muscle out pensions'

The Lifetime ISA appears to be “aiming to muscle out pensions”, a savings expert says, after new details were revealed.
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Wednesday, 14 September 2016 10:35

Pension Awareness Day: Double decker bus tours UK

A bright blue double decker bus driven has begun a six day tour of the UK today espousing the benefits of saving for retirement.

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A new tool has been created to trace lost pensions.
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Wednesday, 07 September 2016 10:37

Nearly 1 in 5 failing to save anything for retirement

About one out of five people are still failing to save anything at all towards their retirement, a report has suggested.
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The new capital adequacy rules took effect this week but Sipp experts say there are still grey areas that could be problematic.
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A ‘disturbing’ report has intimated that as many as 3 in 10 people using the pension freedoms have taken out funds only to put them in a bank account.
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Monday, 22 August 2016 12:20

'Pension is becoming the new family heirloom'

The pension is effectively becoming the new family heirloom, a Chartered Financial Planner says, as younger generations look to inherit cash rather than things.
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