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Number of people making lump-sum withdrawals from their pensions as soon as they can reaches post-pandemic high of 120,000
120,000 individuals made lump-sum withdrawals from their pensions as soon as they could last year*, up 10% on the previous year, says…
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Podcast #126: From accumulation to decumulation – the growing importance of retirement income strategies with Brooks Macdonald’s Neil Cowell
In this week’s episode of IFA Talk, we’re shining a spotlight on one of the most important – and complex – areas of…
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TPT launches first-of-its-kind managed retirement income for life offering
TPT Retirement Solutions, one of the UK’s leading workplace pension providers, has launched a new Defined Contribution (DC) decumulation solution designed to…
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Pension freedoms deliver flexibility – but at a cost, finds new AKG research
The flexibility brought about by pension freedoms continues to reshape retirement income planning – but it also brings increasing challenges for both…
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Brooks Macdonald launches Retirement Strategies to deliver clarity, choice, and confidence to advisers and clients
Brooks Macdonald today announces the launch of its new Retirement Strategies offering, a comprehensive suite of investment solutions designed to help advisers…
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Legal lens: What does the government’s intervention in the pensions market mean for advisers?
As the government unveils its latest proposals for reforming defined contribution and defined benefit pensions, financial advisers face a shifting landscape. Rachael…
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Expectations of trustees grow as the pension landscape transforms – TPR
A new strategy to drive up standards of trusteeship will be launched by TPR. In a keynote speech, Chief Executive Nausicaa Delfas said…
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Pension pot needed for a ‘comfortable’ retirement falls to £682,000
New calculations from Quilter, the wealth manager and financial adviser, reveal that a single person now needs a pension pot of £682,000…
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Government promises sweeping changes under the Pension Schemes Bill : AJ Bell’s Rachel Vahey delves into the detail
The government today published the Pension Schemes Bill, setting out a raft of legislative changes it believes will bring about pension reform, the bill…
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Fidelity International: Pension Schemes Bill will define government’s legacy for pension members
James Carter, Head of Platform Policy, Fidelity International, comments on the release of the Pension Schemes Bill and how he beleives, this…
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Industry professionals share insights on the Pensions Schemes Bill
With the recent publication of the long-anticipated Pension Schemes Bill, a significant milestone has been reached in the ongoing evolution of the…
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Pensions minister confirms no return to universal Winter Fuel Payment for pensioners
Pensions minister Torsten Bell today confirmed to the Work and Pensions Committee that there is no prospect of returning to a universal…
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It pays to switch: why advisers shouldn’t let clients settle for sub-par annuity rates
Recent data from Canada Life shows that annuity rates are at the highest that they have been in sixteen years. With the…
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ABI calls on Government to back Private Sector Dashboards
The ABI calls on the Government to urgently reaffirm its commitment to enabling a thriving market of Private Sector Pensions Dashboards in…
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Latest PLSA Retirement Living Standards show costs for minimum retiree needs have fallen
The latest update of the PLSA’s Retirement Living Standards (RLS) shows a decrease in the cost of the Minimum retirement lifestyle, down to £21,600…
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Why cutting salary sacrifice pensions would be a short-term win – and a long term disaster, says Penfold’s Chris Eastwood
Rumours of changes to salary sacrifice pensions in the Autumn Budget have sparked concern across the industry. In the following analysis, Chris…
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The Society of Pension Professionals back salary sacrifice for pensions
With around a third of private sector employers offering salary sacrifice arrangements, and many public sector organisations doing so too, they are…
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Sackers responds to the Pensions Investment Review
Hot on the heels of the recent Mansion House Accord, the Government has today published the Pensions Investment Review Final Report and…
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The PMI reacts to the Government’s Final Report on the Pension Investment Review
The PMI welcomes the Government’s Final Report on the Pension Investment Review. The PMI acknowledges that larger default funds may lead to better outcomes…
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TPT responds to the Government’s response to the Pensions Investment Review
Commenting on the publication of the Government’s response to the Pensions Investment Review, David Lane, Chief Executive Officer at TPT Retirement Solutions, said: “We…
