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The Pensions Dashboards Programme, a body backed by the Money and Pensions Service, said in a progress report today that it is moving forward but has deferred two major full consultations due to the Coronavirus crisis.
A pension review firm has found that more than half of its clients who plan to access cash from their pensions intend to do so as soon as they reach 55.
The number of financial advisers adopting Centralised Retirement Propositions (CRPs) is expected to rise significantly from 48% to 71% over the next 12 months, according to new research.
The Personal Finance Society has welcomed the FCA’s freezing of 2020/21 fees for small firms but warned that the Coronavirus outbreak could force up compensation costs and hit advice firms hard without major reform.
The FCA plans to freeze its fees for the smallest 71% of financial services firms in response to the Coronavirus outbreak.
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The Chartered Insurance Institute has joined forces with consultants Aon and Willis Towers Watson to produced a report and guide outlining ways to help more people at the higher end of the Autism Spectrum scale find jobs in areas such as financial services.
The Pensions Policy Institute has warned that a Government change to the inflation measure could cut lifetime pension income by up to 21%.
The FCA has told firms that Senior Managers must consider the “emerging risks” from the Coronavirus outbreak.
On 2 April, I celebrated my 72nd birthday. It was a joyful day with my wife and daughters spent at our rustic New England home overlooking a pond.