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Pensions

Pensions

Five things 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.

clock 19 August 2014 •

Pensions

Royal London pre-tax profit drops 45% as pension charge cap bites

Royal London has reported a 45% slump in pre-tax profit in H1, pointing to regulatory charges as a key contributor, while its wrap platform Ascentric saw new business slide 20%.

clock 19 August 2014 •

Income

Investment advisers fear rash of 'inappropriate products' post-Budget

Four out of five investment advisers are concerned that inappropriate products are being rushed to market to take advantage of changes announced in the Budget, research has found.

clock 18 August 2014 •

Income

Gulf between best and worst annuity rates 'still growing'

The average gap between the best and worst annuity rates is almost 35%, according to analysis of official market figures by Hargreaves Lansdown.

clock 18 August 2014 •

Pensions

Armchair Critic: Why we need to rethink what 'retirement' means

Most of our ideas about retirement need to be… retired, writes Brendan Llewellyn

clock 18 August 2014 •

Investment

Revealed: Harlequin boss misleads investors about FSCS support for troubled trust

Harlequin chairman David Ames is misleading investors into thinking the Financial Services Compensation Scheme (FSCS) backs a controversial trust he is trying to use to rescue his troubled overseas property scheme - a claim the FSCS denies - information...

clock 14 August 2014 •

Pensions

Auto-enrolment hits four million milestone

More than four million employees have now been automatically enrolled in a workplace pension, according to The Pensions Regulator (TPR).

clock 14 August 2014 •

Income

London & Colonial launches 'cash-out' annuity

London & Colonial (L&C) has launched an annuity contract with a ‘cash-out' option, which it claims is the first of its kind on the market.

clock 14 August 2014 •

Pensions

Aegon UK earnings jump but auto-enrolment charge cap cost of up to £25m a year looms

Aegon UK has said that it estimates the charge caps for auto-enrolment business will cost it between £20m to £25m a year, as it reported a 30% rise in pre-tax earnings for the second quarter.

clock 14 August 2014 •

Income

Royal London launches Annuity Bureau service

Royal London has launched an annuity shopping around service to assist customers looking to buy a guaranteed income for life at the best rates.

clock 13 August 2014 •
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