Pension transfer values outstripping UK house prices
The value of pensions being transferred out of defined benefit (DB) schemes is greater than the average cost of a house in the UK, research from Royal London has found.
Steve Webb
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Steve Webb knighted in New Year’s honours list
Former UK pensions minister Steve Webb has been awarded a knighthood for political and public service in the Queen’s New Year honours list.
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UK should stop pension tinkering and simplify Isas: AJ Bell
Waves of changing legislation have made pensions and Isas incredibly and unnecessarily complicated, discouraging people from saving, says Andy Bell, chief executive of investment platform AJ Bell.
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Potential pitfalls of the Lifetime Isa – Royal London
To be introduced in the UK in April 2017, the Lifetime Isa (Lisa) is intended to incentivise people to save for their first home, their retirement, or both. But research published by the independent Pensions Policy Institute (PPI), sponsored by Royal London, compares the tax-free savings scheme with its international counterparts and highlights some challenges…
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QROPS changes forecast under new UK pensions minister
Experts across the Qualifying Recognised Overseas Pensions Scheme industry have welcomed the appointment of Ros Altmann as the United Kingdom’s new pensions minister, with many hoping she will introduce a sea change to the way expats are advised.
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Steve Webb proposes trade in pension policies cash
Retirees could be given the option to trade in their annuities for cash if plans are given the go-ahead.