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Should Pension Savers Have The Right To Manage Their Money?

Pension regulators are chasing their own tails over the right of retirement savers to manage their own money. The issue providers, savers, advisers and regulators...

Savers See Pension Transfer Values Hit A New High

Retirement savers switching their defined benefit funds have been offered the highest golden goodbyes ever by their company pension schemes. Average transfer values hit a...

Ban On The Way For No Transfer, No Fee Pension Deals

No transfer, no fee pension deals are to go following a probe by City watchdogs worried about charges made by financial advisers. The Financial Conduct...

Pension Transfer Values Nearing Record Levels

Pension transfer values are climbing to almost record levels as returns from gilts dropped and inflation fell below expected levels. Average transfer values started May...

Postal Workers Hope New Pension Will Deliver

Millions of savers could retire with more money to spend in their later years after the government rubber-stamped a new-style pension. Collective defined Contribution (CDC)...

Company Pensions Slip £9 Billion In The Red

The pension schemes of Britain’s largest 350 companies tumbled £9 billion into the red last year. The 28% dip saw pension underfunding increase from £32...

Pension Transfers Bounce Back After Hitting 12 Month Low

Pension transfer values lost some ground during September, falling to the lowest level for a year. A drop in gilt yields was blamed for the...

Regulator Tightens Noose On Rogue Pension Advisers

Financial regulators are launching new pension transfer rules in a bid to stop rogue advisers ripping off retirement savers. The Financial Conduct Authority (FCA) is...

Number Crunchers Want To Scrap RPI Inflation Yardstick

After years of poor investment yields and miserably low interest rates, retirement savers now face an even bigger threat to investment growth. A government boffin...

Seven Questions To Ask About A DB Pension Transfer

The number of retirement savers transferring away from their workplace direct benefit pensions is soaring. Around 180,000 savers have switched from a DB scheme to...

FTSE100 Firms See Pensions Drift Back Into Black

The pension schemes of Britain’s 100 biggest firms are back in the black after a decade of underfunding. Direct benefit pension accounts for the FTSE100...

Company Pension Black Hole Shrinks By £250 Billion In Six Months

The pension black holes of thousands of companies have closed by £250 billion in just six months. Figures from accountancy giant PwC show the deficit...

Good Day For Savers As May Rejects Company Pension Changes

Major pension upset was averted when ministers decided not to wipe £90 billion of defined pensions at a stroke of a pen. Hidden in the...

Pension Transfer Cash Payments Continue To Fall

The money companies are ready to pay to encourage retirement savers to leave their pension schemes is steadily falling. Pension transfer values tracked by financial...

FTSE Firms Pay Out Massive Golden Goodbyes

Retirement savers with a workplace final salary pension were offered huge golden goodbyes to give up their rights in the scheme. Companies were offering an...

Pension Black Hole Shrinks By Another £50 Billion

The pensions black hole shrunk again last month, according to figures from monitor PwC. The total deficit of almost 6,000 UK direct benefit pension funds...

Yawning Pension Gap Still £460 billion Despite Improvement

Retirement savers with money in defined benefit pension schemes run by their employers have seen improving deficits stand still. Britain’s final salary workplace pensions still...

Chance Of Decent Pension Transfer Advice Is Only 50:50

Retirement savers taking advice about switching out of a final salary pension have a 50% chance of receiving suitable advice, according to financial watchdogs. After...

Final Salary Pension Transfer Dilemma For IFAs

Financial watchdogs are cracking down on recommendations financial advisers are offering retirement savers who want to transfer out of direct benefit pensions. The Financial Conduct...

Bosses Top Up Pension Deficits With Your Money

It's good news If your boss is trying to plug a deficit in your workplace final salary pension, but the bad news it's your...