Early pension exit fees capped
The Financial Conduct Authority (FCA) will be given the power to cap “excessive” early exit fees on pension pots. The new FCA responsibility will be… Read More »Early pension exit fees capped
Pensions
New state pension: a guide
The new state pension comes into effect from 6 April 2016 but research has found that many savers don’t understand the changes. A survey by… Read More »New state pension: a guide
Retirement planning
An introduction to using your resources to ensure you get the retirement you want. What do you want your life to be like when you… Read More »Retirement planning
Women unsure about pension savings
When it comes to retirement plans, 71% of women don’t know what size pension pot they need to provide the retirement income they want. According… Read More »Women unsure about pension savings
Pension ‘top up’ introduced
From 12 October 2015, eligible individuals will be able to begin topping up their state pension by up to £25 per week. The lump sum… Read More »Pension ‘top up’ introduced
Pension scams put savings at risk
Over-55s are the targets of repeated cold-calling and email scams offering fake pension opportunities. 5 months after the introduction of the new pension freedoms, 40%… Read More »Pension scams put savings at risk
Small firms gear up for auto-enrolment
Small businesses employing 40-49 workers will begin complying with their auto-enrolment duties from 1 August. The dates when businesses begin complying with auto-enrolment are known… Read More »Small firms gear up for auto-enrolment
Auto-enrolment: infrequently asked questions
A guide to the finer points of auto-enrolment. The process of auto-enrolment continues to rumble on quietly with the majority of companies passing their staging… Read More »Auto-enrolment: infrequently asked questions
Your Money: Savers diversify to fund retirement
Retirees plan to use a mix of assets such as pensions, cash ISAs and savings to fund their retirement, according to a survey by YouGov… Read More »Your Money: Savers diversify to fund retirement
Auto-enrolment exemptions introduced
Employers will no longer need to auto-enrol employees in certain circumstances after regulatory changes were introduced in April 2015. From 1 April 2015, the following… Read More »Auto-enrolment exemptions introduced