Most of the current crop of workplace pension schemes will put you by default into a ‘life...
Pensions
This month’s Interview: John Butterworth
Join us as we speak with John Butterworth, independent financial adviser at Philip James Financial...
“Quarter of savers concerned about financial health in retirement – PLSA”
The fact that it’s only a quarter is a triumph of hope over what’s likely to be experienced. Or...
“More universities join strike action over pay and pensions”
When I was at uni, it was the students, not the staff, who went on strike. There were, of course,...
“Half of UK adults worried about retirement funding”
Apparently the ‘average worker’ saves a tad under £300 per month for their retirement; in most...
“UK ombudsman unveils pensions dishonesty unit”
It’s thirty years now since Robert Maxwell fell off his yacht, and it was discovered that he’d...
“FSCS to accept claims against liquidated Czech Republic-based advice firm”
Two related stories about our compensation culture, as in financial services, it seems, ‘caveat...
“Fire savers: We’re going to retire at 40. Here’s how”
My first pension had a retirement age of 50, and the talk then was of the lives of leisure our...
“HMRC refunds £800m in overpaid pension freedoms tax”
We do our best to discourage one-off, taxable withdrawals from pensions. If you have to pay tax,...
“Autumn Budget 2021: Financial services industry reacts”
‘At least bankers on short-haul flights sipping champagne will be celebrating this Budget’ said...
“Fos investment and pensions complaints rise 91 per cent”
Two bafflingly contrasting headlines: complaints to the ombudsman nearly double, they have a huge...
“Advisers urged to encourage ‘frugal’ retirees to spend more”
I’m usually asked by those about to retire ‘how much can I get from my pension?’ My answer...
“Arcadia collapse sees 10,000 pensions head to PPF”
“So will Arcadia’s employees lose their pensions?”, asked the R4 interviewer. “No, no, they’ll get...
“Hammond dismisses £6bn pension tax reform”
Not much sympathy from Phil H (the other one) for doctors with unexpected and often huge pension...
“Doctors will go part-time if pension rules are not changed, BMA warns”
We’re not talking here about your Bentley-driving, Harley Street docs. These are the consultants...