Five retirement stories you might have missed

Professional Adviser | 23 Apr 2014 | 09:59

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


Just Retirement launches one-year version of fixed-term annuity

Annuity provider Just Retirement has launched a one-year version of its fixed-term annuity in response to the far-reaching changes affecting drawdown announced at last month's Budget.

Professional Adviser | 22 Apr 2014 | 22:42
Keith Richards

Public only hears 'advice', says PFS chief Richards

How the industry distinguishes between 'advice' and 'guidance' is at odds with how the public perceives financial services, argues Personal Finance Society (PFS) chief executive Keith Richards.

Professional Adviser | 22 Apr 2014 | 12:06 | video

Other Pensions articles


Scrap pensions tax relief - thinktank

Tax relief on pensions should be replaced by a Treasury contribution of 50p per £1 saved, argues a radical report by Michael Johnson for influential thinktank the Centre for Policy Studies (CPS).

Professional Adviser | 21 Apr 2014 | 10:31

What have personal pensions learned from ISAs?

While the amount of flexibility available in pensions has increased since the Budget is there room for more? Neil MacGillivray looks to the ISA world for inspiration.

Professional Adviser | 17 Apr 2014 | 16:50

SIPPs: The challenges and opportunities

The SIPP market recently celebrated its 25th anniversary. Ray Chinn takes a look at the opportunities and challenges that exist within the market.

Professional Adviser | 17 Apr 2014 | 16:49

The lifetime allowance and pension protection opportunities

Nigel Hatt looks at the protection opportunities for those in danger of breaching the lifetime allowance.

Professional Adviser | 17 Apr 2014 | 16:42

Will people cash in their pensions?

Cashing in your pension sounds better in theory than in practice, says Mike Ferguson of pension provider Barnett Waddingham.

Professional Adviser | 17 Apr 2014 | 16:40

The pros and cons of DB to DC transfers

The ability for DC members to be able to take their pension as a cash lump sum could lead to a raft of requests from DB members to transfer to a DC arrangement. Helen Morrissey looks at the potential impact of such a move and asks how schemes should communicate with members

Professional Adviser | 17 Apr 2014 | 16:30

'Word 'retirement' is almost inappropriate': A Q&A with APFA's Chris Hannant

Fiona Murphy caught up with Association of Professional Financial Advisers director-general Chris Hannant to discuss the changing retirement advice landscape

Professional Adviser | 17 Apr 2014 | 16:24

SIPP transfer failings: What went wrong at 'deficient' 1 Stop Financial Services

Two advisers have today been banned from financial services for significant failings relating to about 2,000 pension transfers, which led to more than £50m being transferred to overseas property developments operated by Harlequin.

Professional Adviser | 17 Apr 2014 | 12:44

RP readers get 10% discount on Henry Stewart retirement conference

Retirement Planner readers can claim an exclusive 10% discount on the upcoming Henry Stewart Pensions Planning for the Individual: An Update Conference.

Professional Adviser | 17 Apr 2014 | 11:41

FCA bans advisers for pushing 2,000 clients into ‘unsuitable SIPPs’

The Financial Conduct Authority (FCA) has banned two men from working in the industry for orchestrating unsuitable self-invested personal pension (SIPP) switches.

Professional Adviser | 17 Apr 2014 | 10:24

PFS backs flat-fee advice for Osborne's pensions revolution

The Personal Finance Society (PFS) has outlined a proposal for a flat fee model which would help regulated advisers deliver pensions advice to a larger audience, following the unexpected changes announced at Budget 2014.

Professional Adviser | 17 Apr 2014 | 09:56 | video

Most retirees will struggle to resist urge to splurge pot - survey

Most people think savers will find it difficult to resist the urge to spend money earmarked for living costs in retirement when they are allowed to take pension pots as cash, research suggests.

Professional Adviser | 17 Apr 2014 | 07:47

Retirees to be told life expectancy as part of Budget 'guidance'

Retirees receiving financial 'guidance' via the government's 'right-to-advice' promise outlined at Budget 2014 will also be told how long they are likely to live to help inform their decision about what to do with their retirement savings, Steve Webb has said.

Professional Adviser | 17 Apr 2014 | 00:48

Steve Webb calls for flat rate 30% tax relief

Steve Webb has called for an overhaul of tax relief on pension contributions that would see a flat 30% rate introduced and the lifetime allowance axed.

Professional Adviser | 16 Apr 2014 | 16:19

Pension liberation fraudsters ‘exploiting Budget to target savers’

Pension liberation fraudsters are targeting savers following the overhaul of defined contribution (DC) announced in this year’s Budget, JLT executive Margaret Snowdon says.

Professional Adviser | 16 Apr 2014 | 10:59

Missing pieces: How advisers can help deliver Osborne’s retirement ‘guidance guarantee’

Retirement guidance-for-all could be one of George Osborne’s key legacies as Chancellor. As yet, it remains unclear who will ‘guide’ the masses but regulated advisers can and will benefit from the policy, writes Jenna Towler...

Professional Adviser | 16 Apr 2014 | 10:28

deVere Group launches workplace savings arm

deVere Group has launched a dedicated workplace advice division which will provide whole of market advice to current and former employees of larger businesses.

Professional Adviser | 16 Apr 2014 | 07:40


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