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Displaying items by tag: retirement

Thursday, 11 December 2014 11:45

FCA report: Retirement market failing customers

The market for retirement income is failing, with many consumers missing out on a higher income by not shopping around, the FCA has concluded.
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A majority of UK employees expect to keep working beyond the age of 65, a new poll shows.

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Nearly two thirds of financial advisers fear that the pension reforms will be axed if the Government changes at the General Election, research suggests.

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Wednesday, 03 December 2014 14:10

Pensions expert welcomes annuity death benefits move

A pensions expert has welcomed a move in the Autumn Statement today to bring annuity death benefits into line with drawdown.

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The scale of ignorance about pensions among young people has been revealed by a Sipp firm.

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The FCA will strengthen its proposals on the pensions guidance service to protect consumers in light of industry concerns and following fears raised in Parliament over another mis-selling scandal.

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A retirement planning expert has called on the Government to avoid making further changes to pensions at next week's Autumn Statement.

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Retirees will become "guinea pigs" threatened by the "real possibility of another mis-selling scandal" when the pension reforms come in next April, an MP has claimed.

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A Treasury U-turn on the pension reforms has been hailed by a Sipps firm as "a victory for common sense".

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Pensioner poverty is at a record low level, according to a study from the New Policy Institute.

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