Within living memory the accepted wisdom that we are born, go to school, work, retire and die has been turned on its head. This is true with regard to working past state retirement age, whether through personal choice or financial necessity.
A recent Briefing Note from the Pensions Policy Institute (PPI) explored the difficulty in estimating the number and total value of ‘lost’ pensions in the United Kingdom
In the 2016 Budget, the Government proposed to create an online platform to enable people to view all of their pension savings together, in one place. But how will it work?
It is a great time to take a deep breath and do our own annual financial health check. The findings of Barnett Waddingham’s fourth annual “Generation WHY?” survey does just this; providing an insight into the financial wellbeing of the UK workforce.
Communications will end up unread in the bin unless they remember what they’re for and provide relevant information targeted to the intended audience, explains Damian Stancombe.
Last week’s announcement from the Government told us that the state pension age (SPA) will rise to 68, seven years earlier than previously planned, which for most did not come as a surprise.
As the UK enters a period of significant change, Finance Directors and Pension Managers need a dynamic DB (defined benefit) pension strategy that will be resilient in the face of changes in markets, whilst remaining cost effective over the longer term.
Thankfully, the days of implementing a blanket approach to benefits and communications are behind us. However, the concept of ‘flexible’ benefits has been around for years, but were they really that flexible?
For the third consecutive budget and autumn statement the chancellor has announced an increase to insurance premium tax - this time raising the level from 10% to 12% - meaning that the rate of insurance premium tax has doubled in the past 18 months.
Mark Futcher and Jonathan Watts-Lay, director at Wealth at Work offer their own compelling insights into the changing face of the retirement landscape in this interview with PMI TV.