The Work and Pensions Select Committee is currently considering ideas to promote saving for later life amongst the 4.4 million self-employed. Ineligible for automatic enrolment, fewer than 16 per cent are contributing...
Public opinion is not broadly supportive of government plans to encourage pension schemes to invest in assets, infrastructure or projects to boost the UK economy, preferring a focus on pure investment returns....
Pension providers are calling for the introduction of 'personalised guidance' and demanding a level-playing field between trust- and contract-based in response to the the government’s latest consultation on helping savers understand their...
Four out of 10 people buying drawdown or other decumulation pension products last year did so without seeking financial advice, according to analysis of FCA data. This is the highest proportion of...
It is extraordinarily rare that you get government intervention in financial services that is widely heralded as a good thing. Help to Buy: great for developers, expensive for first time buyers. Pension...
The rate of workers who opted out of saving in the financial year 2021 to 2022 dropped during the lockdown. The overall rate of "stopping saving" increased in the fiscal year 2021–2022,...
The outgoing FCA chairman Charles Randell recently alluded to policymakers’ failure to protect individuals from the risks inherent in pension freedoms, and the lack of policy coordination within the Treasury, in one...
Darren Philp is leaving Smart Pension to set up his own policy, public relations and public affairs company. Philp joined Smart Pension four years ago initially as head of policy before becoming...
Minimum auto-enrolment contributions should rise to 12 per cent over the next decade, with access to these workplace pensions being widened, according to a new report published today by the Association of...
Despite a huge correction exercise currently being undertaken by the Department of Work and Pensions (DWP) on historic state pension awards, errors are still being made on new state pension awards according...
