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Retirement

Pensions

Pension Wise undergoing pre-launch tests to brace for 'demand surges'

The new Pension Wise service is being tested ahead of launch to ensure it meets any potential demand surges, according to pensions minister Steve Webb.

clock 21 January 2015 •

Investment

Architas and BirthStar launch AE-style funds for retail investors

Architas and technology firm BirthStar have launched seven retail funds that follow an age-based strategy more commonly associated with default auto-enrolment (AE) pension funds.

clock 21 January 2015 •

Pensions

Citizens Advice names 44 branches to deliver guidance guarantee

Citizens Advice has revealed the location of the first 44 centres that will deliver face to face guidance to retirees under the Pension Wise scheme.

clock 20 January 2015 •

Regulation

Pension advisers' FSCS levy soars by 73%

Pension advisers face a massive increase in the amount they pay to the Financial Services Compensation Scheme (FSCS) as the service prepares for a "significant" rise in claims linked to self-invested personal pension (SIPP) advice.

clock 20 January 2015 •

Regulation

FSCS levy set at £287m as SIPPs turn sour

The Financial Services Compensation Scheme (FSCS) plans to collect a levy of £287m from firms in 2015-16, as it prepares for a rise in claims related to self-invested personal pensions (SIPPs).

clock 20 January 2015 •

Pensions

Savers could face 50% pension shortfall after financial crisis

A fifth of UK workers are facing a significant shortfall in their retirement incomes as a result of the 2008 economic crash, according to HSBC research.

clock 19 January 2015 •

Pensions

Three things clients may call you about this week

Three things clients may call you about this week

clock 19 January 2015 •

Pensions

Major shareholders back Aviva £5.6bn Friends Life bid

Major shareholders, including Old Mutual's Richard Buxton have thrown their weight behind Aviva's £5.6bn takeover bid of Friends Life, saying the deal would strengthen both sides.

clock 19 January 2015 •

Income

Popular pensioner bonds in record £1.1bn opening sales

The government's new bonds for the over 65s have seen the biggest opening sales of any retail financial product in Britain's modern history, after more than 110,000 customers invested in the products, National Savings & Investments (NS&I) has said.

clock 18 January 2015 •

Income

Why a second line of defence urgently needed

Why a second line of defence urgently needed

clock 18 January 2015 •
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