pension

Seven in 10 final salary pension transfers approved, leading FCA to step up crackdown

The high proportion of pension transfers goes against the regulator’s stance that transfers are unsuitable for most.

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Dementia sufferers more likely to fall victim to financial abuse

A leading barrister has warned financial abuse is becoming a more “prevalent problem” and that among the most vulnerable are those diagnosed with dementia.

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Hundreds of thousands given wrong state pension forecasts, government minister admits

Around 3% of the government’s 12 million state pension forecasts since 2016 have been incorrect.

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Give your child’s pension and income a boost with this little-known tax trick

Parents with spare cash can help boost their child’s retirement prospects by putting money into their son or daughter’s pension pot even if they are adults.

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Call to let first-time buyers dip into pension pots by housing secretary draws widespread criticism

A call by the housing minister for first-time buyers to be allowed to use their pension pots to fund a deposit to buy their first home has drawn widespread criticism.

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Chancellor Philip Hammond rules out pensions tax taper reform

The unpopular pensions tax taper system is here to stay. 

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Give free social care to all over-65s to help save the NHS £4.5 billion a year, says think tank

Free social care for everyone over-65s could save the NHS in England £4.5 billion a year, according to a think tank.

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Pensions minister calls for ethical investing - but could a generational divide be holding back green money?

Pensions minister Guy Opperman MP (pictured top) has called for pension funds to be used to invest money ethically - but investment managers remain sceptical, citing a generational divide holding back a tide of green money.<...>

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Just 1% of grandparents taking advantage of valuable state pension perk

Thousands of grandparents who look after their grandchildren are missing out on a national insurance credit, figures from Royal London show.

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Ban contingent charging on pension transfers to stop unsuitable investments, say MPs

The Work and Pensions Committee has repeated its calls to the Financial Conduct Authority to ban contingent charging for defined benefit pension transfer advice.

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