Retirement
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Government confirms £45 billion automatic enrolment expansion plan…six years after accepting review recommendations
Written by Tom Selby, head of retirement policy at AJ Bell Six years after an independent report backed the idea of expanding…
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Government seeks to help savers understand pension income choices, eight years on from freedoms
Following the DWP publication, ‘Helping savers understand their pension choices’, David Denton, technical consultant at Quilter Cheviot has commented. He said: “A time when…
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Government consults on LCP proposals for reforms to make better use of DB pension scheme assets
In his Mansion House speech last night, the Chancellor announced a raft of reforms designed to ensure that the money saved in…
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Addressing small pension pots issue will pave way for seismic change to auto-enrolment – Quilter
Following the DWP’s consultation, ‘Ending the proliferation of deferred small pension pots’, Jon Greer, head of retirement policy at Quilter has commented: He…
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New survey reveals 42% of Brits would leave the UK for their retirement if able to
A new survey has revealed the UK’s sentiment regarding pensions and retirement. The survey, conducted by investment comparison site Investing Reviews, asked…
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Government to launch search for ‘mothers missing millions’ on state pensions – Steve Webb, LCP
In its annual report last year, DWP reported that an error had been found in the National Insurance records of some people…
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More retirees shunning decumulation advice
Fewer retirees are taking regulated advice before switching their pension cash into income drawdown and guaranteed income for life solutions, latest product…
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Regional “retirement readiness” gap revealed: Workers in Greater London and East saving 40% more than Midlands and North
New research from Phoenix Insights, the longevity think tank from Phoenix Group, shows workers aged over 45 in Greater London and the…
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Aegon UK welcomes early pledges from Conservative and Labour parties to protect the pensions triple lock
Steven Cameron, Pensions Director at Aegon comments on the Conservative and Labour parties pledge to protect the pensions triple lock. He said:…
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Higher wages later in life may not be enough to offset the benefits of early saving – Standard Life analysis
Early pension saving widens your options when it comes to deciding when to retire, according to analysis from Standard Life, part of…
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