Ian Naismith, head of pensions market development at Scottish Widows, says now is a good time for a retirement planning discussion
What IFAs need to do to keep the regulator happy when advising on pension switching
Upping the earnings threshold for auto-enrolment into occupational pension schemes will hit women and part-time, agency and temporary staff, shadow pensions minister Rachel Reeves says.
The government has missed an opportunity to create a more flexible savings vehicle in NEST, according to director-general of Saga Ros Altmann.
The annual contribution cap and pension transfer ban should be retained in NEST's initial period but it is essential they are both reviewed in 2017, David Yeandle says.
Approximately 25% of equity release customers could be eligible for enhanced terms and receive an additional £16,000 on a £200,000 property, says More 2 Life.
Failure to reduce the upper age limit on auto-enrolment into workplace pensions from state pension age (SPA) may mean workers near retirement will lose their savings to means testing, Aegon says.
Everything you need to know from today's DWP auto-enrolment review...
The exclusion of micro-employers from auto-enrolment was ruled out due to the number of employees that would be excluded and "substantial" practical issues.
Pensions minister Steve Webb offered reassurance auto-enrolment and NEST would not lead businesses to ‘dumb down' their pension schemes.