All The Pensions Advisory Service articles – Page 2

Opinion
Why people turn to equity release for retirement income

2017-07-28T00:00:00Z

Analysis: Statistics show equity release is becoming more popular, but is it the right answer for property owners with inadequate pension provision?
News
Queen's Speech omits pensions as focus is firmly on Brexit

2017-06-21T00:00:00Z

After the intensity and frequency of debate and consultation on pension issues, the industry is left in limbo by the government’s legislative programme.
News
'Unconflicted' MNTs have a place on trustee boards, experts say

2016-11-23T00:00:00Z

Communicating complicated legislative changes, focusing on defined contribution governance and protecting members’ benefits are just a few of the challenges faced by trustee boards.
News
One-stop guidance shop to replace MAS, TPAS and Pension Wise

2016-10-10T00:00:00Z

Financial guidance resources the Money Advice Service, The Pensions Advisory Service and Pension Wise will be replaced by a single body, the Treasury and the Department for Work and Pensions said yesterday.
News
More calls for education as lump sum figures raise questions

2016-09-30T00:00:00Z

Pensions education and default funds must be improved to ensure the success of auto-enrolment, experts have said, as findings raise questions about the risks members are taking.
Opinion
What will the pension freedoms mean for you this year?

2016-05-25T00:00:00Z

With nearly 1m people turning 55 in 2016, it is more important than ever that people understand the new pension freedoms and plan ahead for a comfortable retirement.
News
TPAS call volumes balloon since freedoms

2016-04-15T00:00:00Z

The Pensions Advisory Service has seen a 71 per cent increase in enquiries since the introduction of freedom and choice in April last year, showing the need for accessible guidance.
Opinion
Good guidance for good outcomes

2016-03-29T00:00:00Z

In the absence of a big announcement on pensions taxation in the Budget, it would be easy to ignore the other pensions announcements.
News
Lifetime Isa blurs lines between long and short-term saving

2016-03-16T00:00:00Z

Budget 2016: The dreaded tax change on pension saving has been narrowly avoided in the chancellor’s Budget 2016, but the announcement of a Lifetime Isa could be a step towards a pensions Isa, industry comments suggest.
Opinion
Pension Wise: perception and reality

2015-12-23T00:00:00Z

From the blog: Defined contribution investors face risks and challenges both at and in retirement, against the backdrop of the widening UK advice gap and the lack of any reference framework by which to gauge what is feasible and realistic.
Opinion
Employers need to step closer to the ‘advice line’

2015-12-17T00:00:00Z

‘What would you do if you were in my position?’ It is a question many pensions managers and trustees have been asked by scheme members searching for guidance around pension savings.
Opinion
Guidance should be the 'aperitif' of the wider advice process

2015-12-04T00:00:00Z

Good guidance around the point of retirement will not be enough to ensure individuals manage the shape of their income in later life effectively, industry commentators have said.
News
Pension freedom report: Must do better

2015-10-21T00:00:00Z

A clearer definition of advice and stronger warnings about scams were two of the points raised in the Work and Pensions Committee’s report on pension freedom this week, which has found support across the industry.
News
DC needs to raise commitment without scaring members

2015-10-08T00:00:00Z

The success of defined contribution is hanging on the ability to drive up contributions while keeping members on side with pension savings, as data show it risks falling short of delivering adequate retirement incomes.
News
TPAS: Wave of requests to hit schemes and administrators in April

2014-12-04T00:00:00Z

The Pensions Advisory Service has warned that scheme trustees and administrators risk being overwhelmed in April by members eager to access their savings at the earliest opportunity, having waited a year for the pension freedoms to come into play.
Opinion
Osborne's guidance bill, a £2.5bn buyout and at-risk DC savers – a day in pensions

2014-11-27T00:00:00Z

Here's your guide to an eventful day for the UK workplace pensions industry.
News
Experts call for Dutch-style information standards

2014-10-08T00:00:00Z

Industry experts have called for the standardisation of pension scheme information, in the style of the uniform pension overviews found in the Netherlands.
News
TPAS: 'Joined-up' guidance guarantee essential

2014-09-05T00:00:00Z

The Pensions Advisory Service has said those organisations tasked with delivering the guidance guarantee should be “joined up” with the adviser community to improve member outcomes.
News
Employer raises doubts on impersonal retirement guidance

2014-05-30T00:00:00Z

Industry figures have predicted that early engagement and face-to-face guidance will drive take-up of the Budget’s promised guidance guarantee, as the industry debates how it will be delivered.
News
Webb reveals further detail on guidance guarantee

2014-05-01T00:00:00Z

Pensions minister Steve Webb released this week further details about the upcoming guidance guarantee, with concerns mounting on the timetable for its implementation and the subsequent burden on pension schemes.