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  • Dorset SIPP operator fails

    SIPP operator Corporate & Professional Pensions Ltd (FRN: 465748) has been declared in default by the Financial Services Compensation Scheme.

  • Government revives Pensions Commission to tackle savings crisis

    The Government is reviving the Pensions Commission to look at ways to tackle the problem of people not saving for their retirement.

  • CISI launches alliance to help 'unlock' pension investment

    The Chartered Institute for Securities & Investment (CISI) has launched a new initiative this week to campaign to turn the UK’s pension capital into a "powerful engine of sustainable growth" 

  • SIPP savers over-confident about retirement

    SIPP savers are facing a ‘retirement mirage’ as their confidence about achieving a comfortable retirement outpaces their understanding of how they will achieve it.

  • PLSA relaunches as Pensions UK to be 'voice of pensions'

    The influential Pensions and Lifetime Savings Association (PLSA) has been relaunched as Pensions UK and is planning what it calls, “an ambitious new strategy for the next decade and beyond.”

  • Pension sector needs to define adequacy targets

    The pension sector has been warned that it needs to accurately define adequacy targets to ensure people avoid under-saving for their retirement.

  • Gen Z workers wrongly claim to be pensions savvy

    More Generation Z workers aged 18-24 claim to be knowledgeable about pensions than other generations, but new research reveals they have little understanding of retirement savings.

  • Pension transfer times rose during tax year end

    Simpler pension transfers took an average of just 11 days to complete in the lead up to the end of the 2024/25 tax year.

  • 1.5m workers can't afford to save into a pension

    More than 1.5m UK workers say they cannot afford to save into a pension.

  • Workers in the dark about workplace pensions

    Two in five UK workers (43%) are unaware how much they are contributing to their workplace pensions.

  • 20% don’t know what type of pension they have

    A fifth, 20%, of people don’t know what type of pension they have, despite more than half, 53%, of Brits claiming to be knowledgable about pensions.

  • Over 50s say risk appetite is key in retirement planning

    Three quarters (76%), of over-50s believe that appetite for risk is an important factor when deciding what to do with their pension pot, according to new research.

  • Pot needed for 'comfortable' retirement drops by £56,000

    A single person would need a pension pot of £682,000 - down £56,000 on last year - to produce a ‘comfortable’ retirement income, according to calculations by wealth manager Quilter.

  • 20m to benefit from new Pensions Bill - DWP

    The Department for Work and Pensions says 20m workers will benefit from the mammoth new Pension Schemes Bill which was laid before Parliament today.

  • Wealth transfer is priority since Budget pension proposals

    Advisers and clients have become more concerned about wealth transfer since the Government’s proposals in the Autumn Budget to include unused pension assets in the estate for inheritance tax.

  • Retirement standard figures should be ‘wake-up call’

    Pension experts said that today’s figures from the PLSA about retirement living standards should be a ‘wake-up call’ for savers.

  • Minimum needed for retirement falls by £1,000: PLSA

    The minimum amount a couiple needs in retirement has fallen by £1,000, according to the latest update of the Pensions and Lifetime Savings Association’s (PLSA) Retirement Living Standards report.

  • Pension professionals warn against salary sacrifice changes

    Changes to salary sacrifice would cause confusion, reduce benefits to employees, and disincentivise pension savings, the Society of Pension Professionals (SPP) has warned.

  • Govt to set asset allocation targets for new pension 'megafunds'

    The Treasury has revealed that the Government will have the ability to set investment allocation targets under its upcoming multi-employer master trust rules as it shared details of the Pension Schemes Bill.

  • Pension transfer activity picks up despite low values

    Pension transfer activity picked up slightly in the past two months despite the XPS Group’s Transfer Value Index recording its lowest ever month-end figure for the second month in a row in April.

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