uncategorised

State pension forecasts sent out to people approaching retirement are so complicated even financial advisers do not understand them, pensions minister Steve Webb says.

Rowanmoor Pensions has confirmed it will not pass on its FSCS levy to consumers.

The new limit of £50,000 on pension contributions will hit doctors disproportionately hard as they are forced to pay extra advice fees, accountants say.

Strathclyde Pension Fund has been ordered to pay compensation to a scheme member after failing to provide a correct pension projection.

The Treasury has confirmed Lord Hutton will publish his final report on public sector pension reform on Thursday 10 March.

Allowing early access to pension funds in some cases could place pensioners' beneficiaries at risk of a 55% tax charge, AJ Bell warns.

The Treasury could scrap civil servants' right to keep their pensions when their services are bought out by private sector companies.

Allowing access to pension pots before age 55 will worsen the savings crisis and increase bureaucracy, the National Association of Pension Funds (NAPF) says.

Towergate Financial has launched a ‘workplace pension in a box' product for small businesses in preparation for auto-enrolment.

HMRC is clamping down on qualifying recognised overseas pension scheme (QROPS) abuse through investigations by its Anti-Fraud Unit (AFU).