DB to DC allowed but advice mandatory
Two new safeguards are being introduced to protect both individuals and pension schemes: a new requirement for an individual to take advice from an impartial financial adviser regulated by the FCA before...
Two new safeguards are being introduced to protect both individuals and pension schemes: a new requirement for an individual to take advice from an impartial financial adviser regulated by the FCA before...
The government wants to see the emergence of a new, national brand of officially approved ‘retirement pension guides’ who are required to operate to consistent, robust, well-enforced standards. Treasury officials will work...
In a Corporate Adviser survey conducted over the last two weeks, all three options polled 28 per cent of votes, with the ‘policy u-turn’ option polling 14 per cent, and just 2...
Sources close to Corporate Adviser say the front-runner solution amongst Treasury policymakers is a restriction on drawing tax-free cash on contributions after an individual has drawn benefits. Under the structure, contributions made...
The Chancellor George Osborne announced at the Budget 2014 that, from April 2015, all savers aged 55 and over will be offered free, impartial face-to-face guidance on their retirement options. This will...
On 26th May both the ABI and Grid published paid claims statistics for life, critical illness and income protection plans during 2013. It is a positive step to see the group risk...
The regulator says that in the period to March 31, 2014, 78 per cent of cases were closed without further action as the employer became compliant shortly after the regulator’s intervention. By...
An interim report published yesterday by the Murray Review team, which is carrying out an investigation into Australia’s entire financial system, found a quarter of peoplewith a superannuation balance at age 55...
The predictive and technology, which is supplied by System Sync, automatically identifies which of the almost 300 different payroll software systems in existence that the employer is using and intuitively recognises specific...
The consultancy says a £40,000 contribution for a 45-year-old executive could be worth anything from £31,000 to £62,000, net of tax at age 60, depending on the policies of the next Government....