Communication key to delivering fair collective pensions
The government wants to avoid any intergenerational unfairness in creating CDC schemes, but savers must be made aware this could mean cuts to their pension pot.By Tom Selby - 16 November 2018, 10:50
FCA quizzes advisers on DB transfer costs and investments
The Financial Conduct Authority (FCA) has contacted firms offering pension transfer advice to request data focusing on the ongoing cost of products clients transferred into from defined benefit (DB) schemes.
Eight changes needed to make pensions better for the young
Launched in October this year, the Next Generation (Next Gen) Pensions Committee is a movement focused on bringing greater diversity to the pensions industry. We spoke to eight members about what they want to see happen to pensions.
Over 40s could pay 'age tax' to fund social care costs
According to reports, ministers are considering an ‘age tax’ similar to a system that has already been implemented in Japan, which is facing its own struggles with an ageing population.
Why Lloyds’ pension-banking pilot is key for dashboard success
The pensions industry can learn from the success of open banking to help savers get to grips with their finances.
How one failed £24k investment set off alarms for Sipp providers
After the FOS found the provider broke FCA principals by accepting investment into a biofuel scheme, Talya Misiri explores what this judgement means for the Sipp industry at large.
Five stats on the changing nature of inheritance
Soaring property prices mean inheritances remain an incredibly important source of wealth, particularly for the poorest households.
FOS details eight key pension transfer complaints
In its November newsletter, issued today, the Financial Ombudsman Service (FOS) highlighted that since the introduction of the pension freedoms in 2015, it has received a growing number of complaints regarding pension transfers.
Budget 2018: all you need to know about pension & tax changes
The Budget was a lower-key affair than we had imagined. Fear not, though, we have an exciting cheat sheet!
Government launches CDC pensions consultation
The government has launched a consultation on the legislation of collective defined contribution (CDC) pension schemes.