The average income received by pensioners fell last year, according to figures published by the Department of Work and Pensions. Its retirement income statistics show that the average weekly income for all...
The number of companies disclosing information about their workplace practices — and that of their supply chains — has doubled this year, thanks to co-ordinated action by ShareAction. Ninety global companies, including...
The Department of Work and Pensions has launched a new online service for consumers looking for a financial healthcheck - or 'mid-life MOT’. But it is also calling for employers to provide...
The Government has confirmed it will legislate to introduce collective defined contribution (CDC) pension schemes. Minister for pensions and financial inclusion Guy Opperman says he will set out detailed proposals within the...
Since 2015 the Insolvency Service has successfully applied to the courts for 24 companies to be wound up due to ‘pension misuse’. This government agency said more than £202m was invested via these...
The long-awaited ban on pensions cold calling finally comes into effect tomorrow (January 9th) in a bid to thwart scammers. From this date, it will be illegal for firms to make unsolicited...
The Department for Work and Pensions Select Committee has announced an inquiry into the role of contingent charging on pension transfer advice. It is inviting interested parties to submit written evidence on...
Compensation paid to those who have been wrongly advised to transfer out of a DB pension scheme has doubled over the past two years. New figures from the Financial Services Compensation Scheme...
UK stock markets could fall by 25 per cent following a no-deal disorderly Brexit, according to research by MSCI, the global index-provider. This stress-test has been applied to test the potential market...
Today (December 5th) is the last day at which men and women will receive the state pension on their 65th birthday. Those born after December 5 1953 will have to wait a...
