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State pension costs continue to rise

The Department for Work and Pensions expects to spend £96.6bn on the state pension in 2018/19, a 3 per cent increase on the year before. The DWP has detailed its cost estimates in a memorandum sent to the work and pensions select committee, published on its website yesterday. The latest forecast for state pension costs […]

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FCA produces new rules for pension transfers

Justin Corliss – Business Development Manager Justin Corliss looks at what we know from the recently published FCA consultation paper on pension transfers. On Monday 26 March the FCA released PS18/6, its much awaited response to the CP17/16 consultation paper, Advising on Pension Transfers. While it provides some clarity for advisers, further consultation will be required. Let’s look […]

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Alistair Cunningham: Where are all the good conferences and events?

Good events are becoming increasingly hard to find. There are several reasons for this, and the prospects of the situation improving in the near-term look bleak. Technical sessions from providers have been drying up – I assume for fear of being deemed to break FCA inducement rules. I fondly remember the pensions education sessions with […]

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