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Retirement

Pensions

Zurich UK Life profits up 6% as new business soars

Zurich UK Life has reported operating profits of £115m in 2014, up 6% on the previous 12 months.

clock 12 February 2015 •

Pensions

Pensions freedom risks becoming 'infamous example of political bungling' - Royal London

George Osborne's pensions freedom package, due to come into force in April, is at risk of becoming an "infamous example of political bungling" unless advice concerns are addressed, Phil Loney has said.

clock 12 February 2015 •

Regulation

Pension Wise website goes live

The Pension Wise website has been launched by the government.

clock 11 February 2015 •

Pensions

DWP outlines pot follows member plans with two-step proposal

The Department for Work and Pensions (DWP) has published proposals to automatically transfer small pots when savers move jobs, with exemptions for funds outside the 0.75% charge cap.

clock 11 February 2015 •

Pensions

Webb calls for joined up retirement policy across govt departments

Pensions minister Steve Webb has urged the next government to introduce joint ministers across pensions, ageing society and the Treasury to break down silos between the departments.

clock 11 February 2015 •

Pensions

Asset managers should be subject to retirement income regulation - McAteer

Asset managers should be subject to similar regulation to annuity providers if they are to get involved in the retirement income market, argues the Financial Inclusion Centre.

clock 11 February 2015 •

Pensions

NEST chief executive Tim Jones to stand down

NEST is to recruit a new chief executive officer following current CEO Tim Jones' decision to leave.

clock 11 February 2015 •

Regulation

FCA's Percival: Avoid template objectives in suitability reports

Advisers and paraplanners should avoid using suitability reports pre-filled with templated objectives, Financial Conduct Authority (FCA) technical specialist Rory Percival has said.

clock 11 February 2015 •

Income

Old Mutual Wealth to launch flexi-access drawdown ahead of pensions freedom

Old Mutual Wealth is to launch a flexi-access drawdown facility on its Collective Retirement Account ahead of pensions freedom on 6 April.

clock 11 February 2015 •

Income

Mike Morrison asks: Why bother with UFPLS?

Mike Morrison asks: Why bother with UFPLS?

clock 10 February 2015 •
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