Archive - 2018

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

As many as one in four people in the UK have been targeted by pension or investment scammers

The results from a recent survey undertaken by the Financial Conduct Authority (FCA) has shown that as many as a quarter of all UK adults ha

The chief executive of the Pensions Regulator resigns

It has recently been announced that Lesley Titcomb, the chief executive of the Pensions Regulator (tPR), will leave her role after her curre

The number of over 65's continuing to work increasing

The number of individuals choosing to work beyond age 65 continues to steadily increase. The Office for National Statistics (ONS) recently r

Member Nominated Director - Election results

The Trustee of the Prudential Staff Pension Scheme recently sought nominations from the Active membership to fill the position of a Member N

Too few receiving the right financial advice

The Work and Pensions Select Committee have been reviewing the 'pension freedoms' reforms brought in by the Government in April 2015 and hav

New phone number for TPAS

TPAS provide free independent and impartial guidance to the public. Anyone can use this service and speak with a pension specialist without

Pension schemes offer a tax efficient form of investment

Understanding the benefits of saving for a pension is important because your State Pension (whilst it will provide a regular steady income)

New Pension Minister announced following the latest cabinet reshuffle

Esther McVey, MP for Tatton in Cheshire becomes the fifth Work and Pensions Secretary to be appointed in less than three years. Esther repla