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‘Her experience will be a great asset’: Pensions industry welcomes minister Ros Altmann

Pensions industry commentators have welcomed the appointment of consultant and former Downing Street adviser Ros Altmann as pensions minister but warned she faces a...

Blog: Ros Altmann takes centre stage as pensions minister

"I am not 'tribal' in my political allegiances. I don't blindly follow a particular party or ideology. But putting Labour back in charge at...

Ros Altmann becomes pensions minister

Ros Altmann has been named as the next pensions minister replacing Steve Webb.

Pension tranfers: British expats face shock 55% tax charge

British savers who are moving abroad and transferring their pension to Australia or New Zealand could face a shock tax charge of 55pc thanks to the pension freedoms which applied from April 6. Under the new rules, which allow savers to take their whole pension pot as cash, pension schemes must prohibit members from accessing their savings before the age of 55, unless the member is retiring early due to ill-health.

Sanity check: SIPP operator business risks uncovered

Election aftermath: What the Tory win means for pensions

The campaigning has been done, the votes cast and counted but as with the best thrillers there was an unexpected ending with the Conservative...

Pensions freedom consumers treat new-found access with caution

However it seems that most people are looking for guidance and clarification about their options and the most suitable ways to manage their retirement savings. "It was also a watershed for us in terms of online – more customers have contacted us digitally than by phone. With more people aged 60 ...

Iain Duncan Smith back in cabinet to oversee £12bn in welfare cuts

Ex-Tory leader Iain Duncan Smith is to press ahead with his controversial welfare reforms after David Cameron reappointed him as work...

‘It has been a privilege’: Ousted Steve Webb thanks supporters

Steve Webb, the former pensions minister who lost his parliamentary seat last week, has thanked his supporters for their backing during the campaign.Despite receiving...

Accumulation phase: Advisers must do more to help clients build pension pots

The recently enforced freedom reforms represent a dramatic change in how and indeed, when, many defined contribution (DC) members will access their pension pots...
What could possibly go wrong?

Global pension trends reveal direction of travel for UK firms

The shifts in the UK pensions landscape are fairly clear. The movement from defined benefit (DB) to defined contribution (DC) is...

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