Pension Wise service to move from the Treasury
News has broken that responsibility for delivery of the Pension Wise service will move from the Treasury to the Department for Work and Pensions (DWP) by the end of the financial year. read more
View ArticleInvestors need more ongoing financial advice than ever
A study by Investec Wealth & Investment finds that IFAs unanimously agree that recent pension reforms coupled with the rise in life expectancy have significantly increased the requirement for...
View ArticleParents and grandparents cut back on lifestyle to gift to their adult offspring
A new report from Investec Wealth & Investment finds that parents and grandparents who gift money to their grown-up children and grandchildren believe they risk compromising their own standard of...
View ArticleSurvey finds companies crave stability on pensions
The 2015 Pensions Survey from CBI and Mercer, the first industry-wide survey since the general election, finds that companies crave stability on tax, policy and funding to boost pensions.read more
View ArticleOver 55s targeted by fraudsters
The employment benefits consultancy firm, Portus, has conducted a survey that finds that 14 per cent of working over 55s believes they have been targeted by a pension scheme scam since the April...
View ArticlePension freedom has resulted in few Lamborghinis and mostly common sense
The Association of British Insurers (ABI) has published data which reveals that GBP4.7 billion has been withdrawn under the new pension freedoms since April this year. Feature read more
View ArticlePortus reveals widespread ignorance on new pension rules
Research from employment benefits consultancy firm, Portus, reveals that 53 per cent of savers are unsure about the tax rules surrounding taking cash out of pensions and many employees are still...
View ArticleThe Pensions and Lifetime Savings Association publishes comments
The Pensions and Lifetime Savings Association has called for fresh thinking and a joined-up approach from Government and regulators to make pension freedoms work for millions of ordinary savers. read more
View ArticleHargreaves Lansdown comments on secondary annuity market tax consultation
Tom McPhail, Head of Retirement Policy at Hargreaves Lansdown has commented on the HMRC tax consultation on the secondary annuity market. The consultation is a further step towards the launch of this...
View ArticlePension savers plan to leave half of their lump sum to their children
New research commissioned by Investec Wealth & Investment has found that almost half (46 per cent) of savers with private or workplace pensions plan to leave at least part of their lump sum to...
View ArticleInterest rate cut will affect pension savers
Matthew Brown, Private Client Partner at Thomas Miller Investment, comments on how the interest rate cut will affect pension savers saying that pension savers need to reconsider their drawdown versus...
View ArticleSJP advises diversification to find income in retirement
Commenting on recent political and economic events, Ian Price, Divisional Director at St. James’s Place, says that these highlight the need to make the most of the choices available to generate income...
View ArticlePension investments hit new record high
Financial intermediary and data provider Equifax Touchstone reports that pension investments reached a new record high in Q2 2016 with GBP8.4 billion of inflows (including transfers), a 6.2 per cent...
View ArticleClapton suggests IFAs ignoring potential business
An accountancy practice specialising in financial advisers, Clapton Consultants, has responded to an industry survey from The Pensions Regulator suggesting that the level of interest in auto-enrolment...
View ArticleInvest Europe publishes private equity and venture capital guide for pension...
Private equity and venture capital trade association Invest Europe has published a guide for pension funds on investing in the sectors.read more
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