New bill will protect pensioners

New bill will protect pensioners

A new bill will protect hundreds of thousands of pensioners from losing everything if their auto-enrolment scheme collapses. A BBC investigation found dozens of so-called master trusts could be too small to survive, putting the savings of anyone enrolled in them in danger.

Pensions experts want more analyis of pension freedoms

Pensions experts want more analysis of pension freedoms

Two top pensions experts have called for more research and analysis into how Britain’s over 55s are accessing their savings pots under the new pension freedoms. Britons have taken £9.2 billion out of their pension savings since the relaxing of pension regulations in April 2015. Around £1.6 billion has been withdrawn in the last three …

Complexity of pensions puts people off saving

Complexity of pensions puts people off saving

The complexity of the British pension system puts 6 in 10 people off saving ‘because they don’t understand the system’ according to a new report. Accountants PriceWaterhouseCooper (PwC) say women and young workers are particularly affected.