Managing your pension

Pension savers with ‘guaranteed’ small pots no longer need to pay for advice

Tuesday, 11 July 2017 | News

The government announced that thousands of pensioner savers with small pots no longer have to pay for advice in order to transfer out of their scheme.

Ask the Experts: Now that I'm getting an income from my pension, can I get a tax refund?

Monday, 10 July 2017 | Question and Answer

When you can start drawing benefits from your pension scheme, you may be able to take part or all of your pension benefits as a 25% tax-free cash lump sum.

Half of Brits don’t know the taxman tops up their pension

Monday, 10 July 2017 | News

Half of Brits do not realise that the government boosts any payments they make into private pensions, according to a new survey from Blackrock.

Ask the Experts: I paid into my pension in March for income I've just received. Does it matter?

Friday, 07 July 2017 | Question and Answer

Whether there is likely to be an issue with the pension contribution that was made in March based on earnings that had not yet been received would depend on how much had been paid into pensions overall, compared to the total...

Regulator adopts softer stance on final salary transfers

Wednesday, 21 June 2017 | News

The Financial Conduct Authority (FCA) has published new proposals on advice relating to pension transfers, primarily for transfers from defined benefit (DB) to defined contribution (DC) pension schemes.

Retirees can look forward to £26k tax-free cash

Tuesday, 20 June 2017 | News

More than half of people (54%) approaching retirement plan to take the 25% of their pension pot that they are permitted to take as tax free cash, according to Aegon’s latest UK Readiness Report.

Surge in final salary transfers

Monday, 19 June 2017 | News

Financial advisers are reporting a surge in the number of final salary scheme members who are trading in their pension plans for cash.

Keep your finances strong and stable post election

Friday, 16 June 2017 | Article

After the shock result of the General Election, which saw the Conservatives ‘win’ but without the majority they needed, the economic and political outlook for the UK is looking anything but ‘strong and stable’.

Second new pensions minister appointed in less than 12 months

Thursday, 15 June 2017 | News

Guy Opperman, the MP for Hexham, has been appointed as Parliamentary Under-Secretary for Pensions and Financial Inclusion at the Department for Work and Pensions (DWP), it’s been announced today.

New Work and Pensions Secretary has tough challenge ahead

Monday, 12 June 2017 | News

David Gauke, the MP for South West Hertfordshire, has been appointed as the new Secretary of State for Work and Pensions in Theresa May’s cabinet reshuffle.