Retirement
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Decade of decline for DB pensions as private sector membership drops 13.6% in a year: Evelyn Partners’ Gary Smith comments
The number of active members in private sector defined benefit and hybrid pension schemes has fallen 62.6% in 10 years, according to…
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Evelyn Partners Team exchanges sale contracts for the business of Rowanmoor Personal Pensions Limited
The joint administrators of Rowanmoor Personal Pensions Limited have exchanged contracts with Alltrust Services Limited for a sale of RPPL’s Self-Invested Personal…
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Experts comment on changes to NHS pension rules
In response to the health and social care secretary Steve Barclay’s comments about changes to NHS pension rules, three investment and finance…
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Time for Government to end ‘radio silence’ over state pension error causing ‘mothers to miss out on millions – Steve Webb, LCP
In its latest annual report, published in July 2022, DWP admitted that a new error had been identified in state pension payments, relating to…
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FCA goes Back to the Future with ‘simplified advice’ ISA plans in bid to tackle advice gap
Written by Tom Selby, head of retirement policy at AJ Bell The FCA has hopped in its DeLorean and gone Back to the…
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Rise of the ‘DIY dipper’ – advice and guidance shunned for more than half of pensions accessed, FCA figures reveal
More than half (53%) of the 705,666 defined contribution (DC) pension pots accessed for the first time in 2021/22 were taken by…
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“Improving financial sustainability in the UK pension system may be compromising future living standards in retirement” says Pensions Policy Institute
The Pensions Policy Institute (PPI) today published the first PPI UK Pensions Framework report, titled Trends, Transitions and Trade-offs in the UK…
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DWP reveals over £200 million of state pension underpayments have been identified so far
Written by Tom Selby, head of retirement policy at AJ Bell While it is positive the government has identified over £200 million…
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DWP ‘way behind schedule’ in fixing state pension errors – Steve Webb, LCP
New figures published today (29th November) show that the DWP project to fix hundreds of thousands of errors in state pension payments…
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Continued market volatility results in further falls in transfer values – XPS Pensions Group
XPS Pension Group’s Transfer Value Index fell to a new record low in October, due to continued falls in long-dated gilt yields. The Index…
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