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Pensions And Ageing Society


Karen Johnston reappointed as Deputy Pensions Ombudsman

Karen Johnston reappointed as Deputy Pensions Ombudsman

Karen Johnston has been reappointed as Deputy Pensions Ombudsman for a further 2 years.

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Chair of the Pensions Regulator re appointed

Chair of the Pensions Regulator re appointed

The Department for Work and Pensions has announced that Mark Boyle has been re-appointed for a second term as Non-Executive Chair of The Pensions Regulator.

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Tough new measures to protect savers from pension scams

Tough new measures to protect savers from pension scams

Private pensions cold calling, including emails and text messages, is to be banned.

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Proposed new timetable for State Pension age increases

Proposed new timetable for State Pension age increases

The governmentís review proposes a new timetable for the rise to 68, in line with continuing increases in life expectancy.

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Savers to be able to access £1,500 tax free for pension advice

Savers to be able to access £1,500 tax free for pension advice

People planning their retirement will be able to withdraw up to £1,500 from their pension pots tax-free to pay for financial advice, under plans unveiled by the government today.

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Over £9.2 billion released by pension freedoms

Over £9.2 billion released by pension freedoms

Hundreds of thousands of savers have cashed in £9.2 billion from their pension pots since pension freedoms were introduced in April 2015.

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Advice for pensioners in Yemen

Advice for pensioners in Yemen

Advice for people claiming a UK State Pension in Yemen.

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Pension freedoms used over a million times to access £7.6 billion

Pension freedoms used over a million times to access £7.6 billion

Hundreds of thousands of savers have cashed in over £7.6 billion from their pension pots using governmentís landmark pension freedoms.

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Britainís pension revolution goes from strength to strength

Britainís pension revolution goes from strength to strength

Hundreds of thousands of savers take advantage of the governmentís landmark pension freedoms.

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230,000 benefit as pension revolution marks one year milestone

230,000 benefit as pension revolution marks one year milestone

HMRC figures published show that over 230,000 people have used the new pension freedoms introduced 1 year ago.

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New State Pension for millions of new pensioners

New State Pension for millions of new pensioners

New State Pension to give 'dignity in retirement', and other tax and savings changes come into effect today (6 April 2016).

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Government one step closer to introducing new State Pension this year

Government one step closer to introducing new State Pension this year

Government will fully index public service pensions for workers reaching State Pension Age from April 2016 to 5 December 2018

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Government takes aim at pension freedom barriers

Government takes aim at pension freedom barriers

People looking to access their pension pot under the new pension freedoms will benefit from easier transfers and more information.

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Millions given freedom over their pension as government outlines new secondary annuity market

Millions given freedom over their pension as government outlines new secondary annuity market

More than five million people will be able to sell their annuity from 6 April 2017, Harriett Baldwin announces.

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Millions given freedom over their pension as government outlines new secondary annuity market

Millions given freedom over their pension as government outlines new secondary annuity market

More than five million people will be able to sell their annuity from 6 April 2017, Harriett Baldwin announces.

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8 things you need to know about pensions

8 things you need to know about pensions

Planning for retirement can sometimes be scary. This is why weíre changing the State Pension to make it much clearer in the future.

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Economic Secretary to the Treasury announces next steps for Pension Wise

Economic Secretary to the Treasury announces next steps for Pension Wise

Harriett Baldwin announces Pension Wise will move to the Department for Work and Pensions.

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Government takes action to support pension savers

Government takes action to support pension savers

The government is kicking off an investigation today (30 July 2015) to ensure more people can take advantage of new pension freedoms introduced in April.

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Chancellor presses industry on pension freedoms

Chancellor presses industry on pension freedoms

Treasury will consult to ensure that people are not charged excessive early exit penalties.

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Treasury boost for aged charities

Treasury boost for aged charities

Elderly people in need will receive a £470,740 donation from the government.

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HMRC to publish new draft pensions tax manual

HMRC to publish new draft pensions tax manual

The Pensions Tax Manual will be published in spring 2015, to replace the current Registered Pension Schemes Manual.

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Pension freedoms to be extended to people with annuities

Pension freedoms to be extended to people with annuities

Chancellor announces government will extend pension freedoms to around 5 million people who have already bought an annuity.

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One month to pension freedoms

One month to pension freedoms

Industry figures say they are developing products that meet peopleís needs, and interim pension changes have already proved popular.

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Pension Wise unveiled

Pension Wise unveiled

Pension wise will offer free and impartial guidance to people on the new pension freedoms which come into effect in April.

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What is auto enrolment?

What is auto enrolment?

If you are over 22 and in work then you may be entitled to extra money from your employer.

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Government creates further choice on pensions as reforms start legislative journey

Government creates further choice on pensions as reforms start legislative journey

Bill published which will change the tax rules to allow individuals aged 55 and above to access their defined contribution pension as they wish.

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Chancellor abolishes 55% tax on pension funds at death

Chancellor abolishes 55% tax on pension funds at death

People with defined contribution pension savings will no longer have to worry about their pension savings being taxed at 55% on death.

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Historic reforms to create new State Pension

Historic reforms to create new State Pension

Major reforms to simplify the State Pension and provide greater clarity about what people will receive in retirement are a step closer.

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Government announces extension for pension decision period

Government announces extension for pension decision period

People who have recently taken a tax-free lump sum from their defined contribution pension will be given 18 months rather than 6 months to decide what they wish to do with the rest of their retirement savings.

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Pensions freedom for 400,000 hardworking people from today

Pensions freedom for 400,000 hardworking people from today

First step in the governmentís fundamental reforms to British pensions unveiled in Budget 2014.

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Budget 2014: support for savers announced

Budget 2014: support for savers announced

Series of radical measures to help savers at every stage of their lives announced by Chancellor at Budget.

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Public service pension reform nears conclusion

Public service pension reform nears conclusion

One of the final elements of the governmentís comprehensive public service pension reform programme has today been set out by the Chief Secretary to the Treasury, Danny Alexander.

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Government to bring forward reforms to help savers and protect pensions pots

Government to bring forward reforms to help savers and protect pensions pots

Consultation launched on capping pension fees and increasing transparency in the pensions sector.

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Help to Buy: mortgage guarantee available 3 months early

Help to Buy: mortgage guarantee available 3 months early

Help to Buy: mortgage guarantee scheme to launch next week.

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Single Tier pension plans

Single Tier pension plans

Simplified flat-rate pension will benefit women, low earners and the self employed says PM David Cameron.

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DfE responds to media stories about public sector pensions

DfE responds to media stories about public sector pensions

The Department for Education will make pension proposals in the autumn that are affordable and fair to public sector workers and taxpayers.

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