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Retirement

Pensions

Retirement saving levels hit 'record high' - Scottish Widows

More people than ever are saving for retirement with 56% of the population now putting ‘adequate' amounts aside each month, Scottish Widows research has found.

clock 24 June 2015 •

Pensions

Hargreaves Lansdown aims to 'fill advice gap' with low-cost pension planning service

Hargreaves Lansdown has launched a low-cost retirement planning service aimed at filling the advice gap between Pension Wise and regulated financial advice.

clock 23 June 2015 •

Regulation

FCA defends adviser levy as it confirms £75m bill for 2015-2016

The Financial Conduct Authority (FCA) has defended the methods it uses to calculate advisers' contribution to its annual costs as fair and proportionate, as it confirmed a 10% hike for firms for 2015-2016.

clock 23 June 2015 • 3 min read

Regulation

Court liquidates two firms over £12m pension scam

Two north-west businesses have been wound up by the High Court after convincing 209 people to put total pension savings of just under £12m into a fraudulent investment scheme.

clock 23 June 2015 •

Pensions

LV= trials Treasury-backed pension passport scheme

Insurer LV= is trialling a pension passport scheme in place of traditional retirement wake-up packs to boost client engagement.

clock 23 June 2015 •

Regulation

FOS reveals rise of UCIS advice reviews

The Financial Ombudsman Service (FOS) has warned an increasing number of advised clients are reviewing their investments in unregulated collective investment schemes (UCIS) with a view to making a complaint.

clock 23 June 2015 •

Equity release

Retirement Advantage withdraws majority of equity release deals

Retirement Advantage has pulled a number of products from the equity release market, leaving just its Interest Select Gold deal at 5.99% available to customers.

clock 22 June 2015 •

Estate planning

Client wills: Ten important questions advisers should be asking

Ten important questions advisers should be asking

clock 22 June 2015 •

Pensions

Auto-enrolment providers in duplication error

Some workers put into Now Pensions and the People's Pension have been mistakenly enrolled multiple times, PA's sister title Professional Pensions understands.

clock 22 June 2015 •

Pensions

Time flies when you're having fun: 25 years of pension change

Time flies when you’re having fun

clock 22 June 2015 •
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