News

Pension cold-calling ban comes into effect

On 9 January the Government’s ban on cold calling came into effect. Cold-calling has been used by scammers to steal pension savings or to pe...

What lies ahead for pensions in 2019?

Workplace pension contributions to rise From April 2019, under auto-enrolment rules, the minimum contributions into a workplace pension will...

Five fold increase in people seeking information about pension scams

Following an awareness campaign in the summer by the Financial Conduct Authority (FCA) and the Pensions Regulator (TPR) there has been a hug...

Massive increase in tax charges from those exceeding the Annual and Lifetime Allowances

Recent figures published by Her Majesty’s Revenue & Customs (HMRC) have shown that the level of money paid in tax charges by individuals...

The Pensions Dashboard – an update on progress

Background In the 2016 Budget, the Government announced its intention to launch a Pensions Dashboard. The aim of the Dashboard is to allo...

Pension transfers decrease in the second quarter

For the first time since the beginning of 2017, the funds transferred out of occupational pension schemes has decreased. Data from the Offic...

Experts express concern that savers are not taking tax advice

Financial experts are concerned that since the introduction of pension flexibility as part of the freedom and choice reforms in April 2015, ...

Funding improvement for FTSE 100 pension schemes

After a decade of deficits, pension schemes for FTSE 100 companies have seen a shift to a surplus position of £3 billion in July, which is u...