Qualified advisers answering your
Financial Questions
call 0800 092 1245

Pensions News

Listing 490 articles over 49 pages

Royal London Calls For Independent Pensions Commission

Royal London, the UK’s largest mutual insurer, has called for a new independent commission to improve and set the direction of policy on pensions, retirement income, and later life financial provision. The insurer would also like the commission to concentrate not only on pensions and retirement but on all the issues facing the crowing elderly population in the UK today.

More Than 1m Pensioners In Poverty In The UK

1.6 million pensioners are living in poverty, a new report from the charity Age UK has shown. Age UK have reported low fixed incomes, food and electricity prices rising and older people missing out on benefits they are entitled to has lead to the massive number.

Lack Of Drawdown Controls Concerns Shadow Minister

Shadow pensions minister Gregg McClymont has expressed concern over lack of pension drawdown controls and the Governments plans for a single pensions regulator.

Only 2.5% Of Retirees Take Up Free Pension Advice

Just 2.5% of retirees have opted to take free financial guidance from Legal & General (L&G), leading to fears that most retirees will have no financial help when accessing their new pension freedoms

Chancellor George Osborne To Cut 55% Pension Tax

The Chancellor will abolish a 55% “death tax” that currently applies to untouched "defined contribution" pension pots left by those aged 75 or over. This means that when someone who has been saving for their pension dies and they would like their family to inherit their pension ,they will only pay the marginal income tax rate, or no tax at all if the deceased was under 75 years old and the pension is left untouched.

Annuity Rates Have Fallen At Fastest Rate In 3 Years

Annuity rates have fallen at their fastest pace in three years, the information website Moneyfacts has found. Annuity rates have fallen by 2.6% during August. This means rates, and the returns offered, are only getting worse. Anyone buying an annuity, or an income for life, will receive a lower pension.

FCA Quizzed On Post-RDR Advice Gap

The FCA has been quizzed by a Conservative MP about the advice gap that continues to widen since the RDR. Questions have been asked about what the regulator plans to do in the future to plug the gap.

Getting Rid Of Free Bus Passes Would Cost Economy £1.7 Billion

A study has show that removing free bus passes for disabled people and pensioners would actually cost the economy in excess of £1.7 billion a year.The study has found that every£1 spent on the government provided bus pass generates over £2.87 of benefits.

British People Access Their Pensions Earliest

British people choose to access their pensions earlier than anywhere else in the EU, but also work later into older age, research by the European Commission has found. The average worker accesses their pension savings at the age of 58, which is one of the earliest in Europe. Britain also had a higher proportion, 20%, of people working past 65.

Bankruptcy Among Pensioners Sharply Rises

Pensioners in Britain are now more likely to go bankrupt than they were at the height of the recession, from 4,727 at the height of the recession to that 5,672 in 2013. This means pensioners now make up 6% of all personal insolvencies, up from 3.6% in 2009.

First <<  1 2 3 4 5 6 7 8 9 10 >> Last

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details