Professional Pensions | 24 Jul 2015 | 17:32 |
A growing number of people will need a high level of care during their final years and how to fund this has proved a controversial question. The government has delayed the implementation of a cap on social care until April 2020. With the budgets of local government authorities under ever greater constraint, the costs of meeting social care will fall on individuals even more.
The pensions industry breathed a collective sigh of relief as the government said it would not introduce a secondary annuities market until 2017.
Professional Pensions | 08 Jul 2015 | 16:42 |
The Financial Conduct Authority (FCA) is writing to all pension providers requesting data on how customers are accessing their retirement pots in the wake of the pension ‘freedoms' rolled out in April.
Professional Pensions | 01 Jul 2015 | 15:53 |
Mandatory advice on pension freedom cases with guaranteed annuity rates worth more than £30,000 should be scrapped and replaced with a ‘customer control’ mechanism delivered through the Pension Wise service, the Association of British Insurers (ABI) has said.
Professional Pensions | 19 Jun 2015 | 15:24 |
The Association of British Insurers (ABI) has hit back at proposals that providers would be “named and shamed” for not offering the full range of pension freedoms.
Professional Pensions | 15 Jun 2015 | 16:18 |
The National Association of Pension Funds (NAPF) has teamed up with insurers, unions and small businesses to urge the next government to set up an independent pensions commission.
Professional Pensions | 30 Apr 2015 | 12:03 |
Advisers are warning the message on pension reforms has been misunderstood after experiencing a surge in interest from people looking to cash in their annuities.
Professional Pensions | 29 Apr 2015 | 13:14 |
People have strong ideas as to what they want to do with their pension pots. Helen Morrissey asks if these views are being acted upon.
Professional Pensions | 21 Apr 2015 | 10:00 |
Trustees have been warned of the complexity surrounding additional information disclosure regulations drawn up for the freedom and choice reforms.
Professional Pensions | 20 Apr 2015 | 13:00 |
The insurance industry was bombarded by almost 230,000 calls from consumers in the days after the ‘freedom and choice’ reforms took effect, the latest figures show.
Professional Pensions | 16 Apr 2015 | 12:47 |
The Pension Schemes Bill has received Royal Assent to become official legislation ahead of freedom and choice taking effect from 6 April.
Professional Pensions | 03 Mar 2015 | 16:01 |
The pensions industry has hit back at plans by Labour to reduce the annual and lifetime allowances if it gets into power in May.
Professional Pensions | 02 Mar 2015 | 11:39 |
The Association of British Insurers (ABI) is set to criticise the government for failing to ensure the necessary processes are in place for the beginning of pension freedoms from 6 April.
Professional Pensions | 25 Feb 2015 | 11:27 |
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