This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.


Experts: Budget reforms risk 'advice vacuum'

1 October 2014 4:15 pm | By Sam Brodbeck

Savers waiting until April to access the new pensions flexibilities could be left disappointed.

Comments (1)


Conservatives pledge to raise 40p income tax threshold to £50k

1 October 2014 2:00 pm | By Sam Brodbeck

A Conservative government would raise the threshold for the 40 per cent income tax rate to £50,000, up from its current level of £41,900.

Comments (5)


Treasury hits back over 'death tax' annuity criticism

1 October 2014 1:03 pm | By Tom Selby

Beneficiaries of people who died before the announcement on 29 September will be able to ask their scheme administrator to delay the payments.

Comments (3)


Treasury reveals thinking behind end of pensions 'death tax'

30 September 2014 11:24 am | By Samuel Dale

Treasury minister David Gauke explains the debates within the department over the tax cut.

Comments (7)


Govt extends pension ‘death tax’ reforms to value protected annuities

30 September 2014 10:27 am | By Tom Selby, Sam Brodbeck

Proposals to cut the 55 per cent “death tax” on inherited pensions will be extended to value protected annuities but not standard annuities or scheme pensions.


Tory MPs call for FCA vigilance over fresh wave of pension scams

30 September 2014 8:42 am | By Samuel Dale

Conservative MPs are concerned about how con artists may evolve following pension freedoms.

Comments (4)


Osborne creates confusion over pension 'death tax' abolition

29 September 2014 2:53 pm | By Sam Brodbeck

Chancellor says changes to death tax will take effect immediately but new rules only apply from April.

Comments (3)


TSC member: RDR impact comes at 'wrong time' for pension reforms

29 September 2014 11:43 am | By Samuel Dale

Conservative MP Mark Garnier tells the Tory conference that the RDR has had a bad impact.

Comments (1)


Osborne to cut 55% pensions 'death tax'

29 September 2014 8:18 am | By Samuel Dale

Chancellor will abolish tax that applied to untouched DC pension pots left by those aged 75 or over.

Comments (14)

Gibraltar Offshore

Will Budget flexibilities boost Qrops?

26 September 2014 1:00 pm | By Sam Brodbeck

Overseas schemes aim to attractive savers with broader investment choices and lower taxes.


Advisers lament insurers' outdated contracting out systems

26 September 2014 11:00 am | By Sam Brodbeck

Some providers are still demanding two sets of paperwork for clients with protected and unprotected rights.

Comments (1)


Friends Life launches independent governance committee

26 September 2014 10:27 am | By Sam Brodbeck

Providers must have IGCs in place by January 2015.

Cover story 700 x 450

Just how ready is the industry for Budget guidance?

26 September 2014 10:01 am | By Natalie Holt

What needs to be done between now and April to deliver a workable service?


Annuity providers eye platform technology for post-Budget decumulation

26 September 2014 9:30 am | By Michael Glenister

Annuity providers are in talks with investment platform technology providers to power retirement income propositions from April next year.


Will savers rush to capped drawdown after Budget bombshell?

25 September 2014 1:00 pm | By Sam Brodbeck

Savers have a short window to benefit from full annual allowance.


Pressure grows on regulator over guidance levy

25 September 2014 9:30 am | By Sam Brodbeck

Trust-based schemes should help bear the burden.

Comments (4)

Cover story 700 x 450

Disaster avoided? Insurers dodge huge independence costs but devolution looms

25 September 2014 8:30 am | By Pamela Morris, Sam Brodbeck

But experts say extra complexity could be a boon for advisers.

Comments (2)


Labour sets out concerns over Budget pension reforms

23 September 2014 11:26 am | By Samuel Dale

Labour has come under pressure from internal critics of the Government’s pension reforms.

Comments (2)


Fabian Society urges Labour to reverse Budget reforms

22 September 2014 3:49 pm | By Sam Brodbeck

Fabian Society says the pension revolution “must be dismantled within weeks of Labour gaining power”.

Comments (1)


Should pensions guidance be made compulsory?

22 September 2014 3:44 pm | By Samuel Dale

Pension experts suggest pensions guidance may not go far enough in its current form.

Comments (2)


Will MAS change its name to deliver pensions guidance?

22 September 2014 3:38 pm | By Samuel Dale

Pensions expert Laurie Edmans says the term advice has been given a very narrow meaning.

Comments (13)


Cass Business School: Markets threatened by pension fund 'herding'

22 September 2014 2:42 pm | By Tom Selby

Pension funds are threatening to destabilise financial markets by “herding” in and out of asset classes at the same time.

Comments (1)


IMA says FCA must distinguish between advice and guidance

22 September 2014 11:56 am | By Pamela Morris

Government proposals to set up a pension guidance service for savers on retirement must set a clear boundary between what is regulated advice and guidance.

Comments (2)


Zurich calls for cap on adviser contributions to guidance levy

22 September 2014 9:47 am | By Sam Brodbeck

Insurer warns advisers could be priced out of the market.

Comments (1)


Aviva sells stake in Spanish JV for £226m

19 September 2014 2:02 pm | By Michael Glenister

Sale part of ongoing restructure.


Pension tax relief overhaul on the horizon despite No vote

19 September 2014 11:15 am | By Sam Brodbeck

Scottish tax powers could cause pension admin headaches.

Comments (1)


Does Nest need independent oversight once restrictions are scrapped?

19 September 2014 9:30 am | By Sam Brodbeck

Now: Pensions and The People’s Pension say an independent body should be established to monitor Nest.


Savers swap annuities for drawdown as Budget impact bites

18 September 2014 1:00 pm | By Sam Brodbeck

ABI figures reveal extent of loss of appetite for standard annuities.


HMRC eyes Budget flexibilities for QROPS

18 September 2014 11:21 am | By Sam Brodbeck

The Government is set to extend the Budget pension flexibilities to overseas savings vehicles after holding crunch talks with the industry.


Apfa: Guidance guarantee would cost advisers 5% of profits

18 September 2014 11:18 am | By Tessa Norman

Disproportionate cost for advisers undermines guidance proposals, says Apfa. 

Comments (3)


Just Retirement reports 19% profit rise despite Budget annuities hit

18 September 2014 8:35 am | By Tessa Norman

Annuity sales halved following the Budget in March. 

Labour Budget

Is Labour preparing to overturn George Osborne's pensions revolution?

18 September 2014 8:30 am | By Tom Selby, Samuel Dale

Insurers have held behind-closed-doors meetings about the political risk attached to Chancellor George Osborne’s pension revolution.

Comments (30)


SSAS customers risk devastating tax hit under new anti-liberation rules

17 September 2014 4:00 pm | By Sam Brodbeck

Fit and proper test could catch out schemes without professional administrators.


ShareAction attacks ‘dangerously weak’ DC governance reforms

17 September 2014 12:26 pm | By Sam Brodbeck

Charity warns new independent governance committees are conflicted and lack the power to hold providers to account.


Aegon launches multi-asset fund targeting Budget reforms

17 September 2014 11:31 am | By Michael Berry

Aegon has launched a new multi-asset income fund aimed at the post-pensions shake up retirement market.


Hornbuckle signs ten-year 'strategic alliance' with FNZ

17 September 2014 9:00 am | By Tom Selby

Deal will see the firm adopt platform-style capabilities for its pension customers.


Providers sign up to 'pension tracker' system

16 September 2014 11:50 am | By Sam Brodbeck

Friends Life, L&G and Zurich customers will have real time data on their pension pots.


US insurer opens UK asset management distribution office

16 September 2014 9:39 am | By Sam Brodbeck

TIAA-CREF opens asset management office in London.

Vince Smith-Hughes 700

Pru: Group advice sessions could be ‘hugely beneficial’

16 September 2014 8:33 am | By Tom Selby

Insurance giant Prudential says group advice sessions could be “hugely beneficial” as a tool to help plug the UK savings gap.


AJ Bell director Eddie McGuire exits following restructure

15 September 2014 12:18 pm | By Tom Selby

AJ Bell client services director Eddie McGuire has left the firm following a restructure of the business.

Fund Data

Editor's Pick


Do you think the industry is ready to deliver Budget guidance?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments