Pensions

        Cowdery 'to net £160m' from Aviva’s shock Friends Life takeover

        Professional Adviser | 23 Nov 2014 | 23:28

        Clive Cowdery, the former head of Resolution and major shareholder at Friends Life, is set to walk away with £160m from the £5.6bn takeover deal announced on Friday.

        clive-cowdery-60x80-jpg
        mark-polson

        Mark Polson: Dafties will be dafties, but we must trust retirees

        The suggestion of a pensions credit card has been branded 'irresponsible', but denying retirees the freedoms they're being promised is akin to denying a toddler a ball until they've proved they can play with it properly, writes Mark Polson.

        Professional Adviser | 23 Nov 2014 | 20:13
        gregg-mcclymont

        Govt must protect retirees from ‘rip off’ drawdown charges - Labour

        Labour has urged the government to ensure none of the 320,000 savers expected to take advantage of pension freedoms are exposed to “rip off charges”.

        Professional Adviser | 23 Nov 2014 | 18:31

    Other Pensions articles

      aviva-2014

      Aviva to buy Friends Life in £5.6bn deal

      Aviva has confirmed it is to buy rival insurer Friends Life in a deal worth £5.6bn which will create a combined business with 16 million customers.

      Professional Adviser | 23 Nov 2014 | 17:34
      Concept image of a cloud question mark

      RP poll: Will the DWP’s ‘PensionsTube’ actually boost pension understanding?

      In this week’s quick fire RP poll we ask readers: Will the DWP’s YouTube channel - PensionsTube - actually boost understanding?

      Retirement Planner | 21 Nov 2014 | 10:51
      stacked-money

      Advisory community to benefit from DB-DC transfers by £3.39m a year

      Financial advisers are expected to benefit from the new regime which allows transfers between defined benefit (DB) and defined contribution (DC) schemes to the tune of £3.39m per year.

      Retirement Planner | 21 Nov 2014 | 10:25
      newspapers-and-glasses

      Catch up: Five retirement stories you might have missed

      Had a manic week? Here’s a rundown of five retirement stories you might have missed…

      Retirement Planner | 21 Nov 2014 | 10:10
      women-in-accountancy

      Number of women saving adequately for retirement at four year high

      The number of women saving adequately for retirement has reached a four year high according to Scottish Widows Women and Retirement report.

      Retirement Planner | 20 Nov 2014 | 10:38
      james hay

      James Hay AUA hits £16bn but profitability falls

      Assets under administration at platform and self-invested personal pension (SIPP) provider James Hay hit £16bn in the third quarter of the year, however, expected profit forecasts at the business have been cut.

      Professional Adviser | 19 Nov 2014 | 07:39
      Otto Thoresen

      Otto Thoresen to leave ABI for NEST

      Association of British Insurers (ABI) director general Otto Thoresen is to step down in 2015 to chair the National Employment Savings Trust (NEST).

      Professional Adviser | 18 Nov 2014 | 10:30
      Prudential logo

      Prudential bond sales balance annuities drop-off

      Prudential has said a pick-up in bond sales helped negate a near 50% reduction in annuities new business in the first nine months of the year.

      Professional Adviser | 18 Nov 2014 | 09:43
      pension-fishing-web

      Study reveals ignorance of state pension reforms

      Almost half of people are unaware how changes to the state pension will affect them with just over 500 days to go until historic reforms are introduced, research suggests.

      Professional Adviser | 18 Nov 2014 | 08:03
      webb-steve-2012

      Government unveils 'PensionTube' to aid retirement understanding

      The government has launched an online hub within video sharing site YouTube in a bid to aid consumers' understanding of pensions.

      Professional Adviser | 17 Nov 2014 | 10:03
      Photo of people covering their faces with cards picturing question marks

      RP Poll: Should pension withdrawals to fund LTC be tax free?

      In this week’s quick fire RP poll we ask RP readers: Should withdrawals from pension pots to fund long-term care costs be made tax free?

      Retirement Planner | 14 Nov 2014 | 10:53
      newspapers-stack

      Catch up: Five pensions stories you might have missed

      In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

      Retirement Planner | 14 Nov 2014 | 10:28
      George Osborne

      Pension freedoms risk 'volatile and uncertain' client outcomes - TUC

      Savers are in danger of being ripped off when they access their pension after April because of a lack of safeguards, warns the Trades Unions Congress (TUC).

      Professional Adviser | 12 Nov 2014 | 15:36
      david-brooks

      Blog: The problem with pensions

      With the Budget freedoms raising concerns about what savers will do with their money, and the state pension still returning a 'paltry sum', David Brooks assesses potential solutions...

      Professional Adviser | 12 Nov 2014 | 12:07
      jones-tim-nest

      NEST launches dedicated adviser tool ahead of ‘seriously hectic’ 2015

      About 5,000 small and micro businesses will look to IFAs for auto-enrolment support as they hit their staging dates in 2015, according to NEST research.

      Professional Adviser | 12 Nov 2014 | 07:00
      shaugnessy-gary-1

      Zurich to close 'unsustainable' DB pension schemes

      Zurich is consulting members about closing its final salary schemes to future accrual.

      Professional Adviser | 11 Nov 2014 | 12:23
      Keith Richards

      PFS chief: We need advice models we've never seen before

      Financial advisers are willing and able to break through the “perceived barriers” to at-retirement advice by inventing simpler offerings, chief executive of the Personal Finance Society (PFS) Keith Richards has said.

      Professional Adviser | 11 Nov 2014 | 10:06

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