Pension withdrawals top £30bn
Since pension freedoms were introduced by George Osborne in 2015, there is no doubt drawing down a pension pot is becoming the most popular method by which a person accesses their pension fund after age 55. It’s interesting that the amount of withdraws is rising as the statistics show savers withdrew £2.4bn between July and […]
Top tips when selecting a financial education provider
There is recognition that individuals don’t always get taught how to be good with money or how to plan well for retirement. Life can be unpredictable, and your employees may be faced with financial decisions outside of their skillset. Providing career long financial education can benefit everyone in your business. That said, employers don’t get taught how […]
Pensionsync research indicates 50% error rate in small firm pension data
As all UK employers have set up a pension scheme for their staff and started to contribute, workers will be building towards a better retirement. This is great news. But there are some worrying signs that all is not well underneath the positive headlines. Shocking 50% error rates revealed by new statistics: pensionsync has analysed […]
Baroness Ros Altmann to Chair pensionsync
Baroness Ros Altmann has become the Chairperson of pensionsync – a ‘hidden gem’ pensions fintech firm. In a statement from pensionsync Ros Altmann said: “I am delighted to announce my appointment as Chair of award-winning fintech specialist pensionsync – a leading edge business with the potential to revolutionise auto-enrolment pensions administration and reduce costs. Launched in […]
GUEST BLOG: Do Britons need to work for longer to secure a comfortable retirement?
By True Potential Investor Securing a comfortable retirement isn’t as easy as it sounds – 60% of UK savers have given up hope of retiring at a reasonable age, recent research has found, because they feel they need more time to put money aside for their pensions. In their quarterly Consumer Savings and Debt Data […]
