Thursday, May 28, 2020
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pensions

Workplace Pension Transfer Values Drop Again

Workplace pension transfer values are still falling, according to new data. The number of retirement savers transferring out of their direct benefit pensions is also...

Government To Fast-Track Cold Calling Ban

A new law against scammers cold-calling pension savers will be fast-tracked through the UK Parliament, says the government. After a barrage of criticism, ministers have...

Will You Live Until You Are 100?

Life expectancy is improving so much the chances of living to 100 years old will increase from 20 to one now to evens by...

QROPS Reporting Shake Up On The Way

HM Revenue and Customs (HMRC) is closing the online reporting service for the Qualifying Recognised Overseas Pension Scheme (QROPS) from April – but retirement...

Fund Managers Charge Pension Savers Too Much

Lazy pension pots are costing savers billions in wasted fund and management charges every year. New research reveals savers are spending at least £2 billion...

Pension Advisers Lie About Their Qualifications

Financial advisers are lying about holding qualifications to retirement savers who are paying them for pension advice. Consumer watchdogs made the discovery after trawling through...

Politicians Ducked Big Pension Decisions, Claims Minister

Outgoing pension minister Ros Altmann claims Britain’s final salary pensions will stack up even worse deficits because the government has ducked important decisions that...

Ethics In Doubt As FTSE100 Dividends Exceed Pension Deficits

The ethics of investing are inextricably tied up with the way Britain’s biggest firms are managing their pension deficits. More than 50 FTSE 100 firms...

Expats Still Losing Out Over QROPS Flexible Access

Flexible access is a year old in just a few weeks, but QROPS investors are still locked out of taking their spending money to...

Scammers Want Your Pension Cash, Warns Minister

Financial watchdogs are warning pension savers to watch out for scammers after their cash. The Pensions Regulator (TPR) is issuing the alert ahead of new...

Latest news

Struggling Forex Broker Bought Flats With Company Funds

A forex broker whose company was approaching financial meltdown switched £1.05 million from a business account to buy two apartments in Dubai in a...

Stock Markets Slump To Worst Quarter In 37 Years

Stock markets slumped to record losses in the first three mnths of the year due to fears over how coronavirus impacts the world economy...

Operation Airlift Underway For Brits Stranded Abroad

The British government is working with partner airlines to bring thousands of stranded travellers back to the UK. Foreign Secretary Dominic Raab has set aside...

Expat Landlords Get Buy To Let Mortgage Aid

The financial pain of coronavirus uncertainty for buy to let landlords has been eased by the housing minister. Secretary for Housing Robert Jenrick is extending...

Financial Package On The Way For Self-Employed

Financial support is coming for freelance and self-employed expats who pay their taxes in the UK, Prime Minister Boris Johnson has promised. In his last...
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