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Pensions And Ageing Society


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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

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

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

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

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 people claiming a UK State Pension in Yemen.

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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

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

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 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 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

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

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

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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

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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

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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

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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

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

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Treasury boost for aged charities

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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

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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

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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

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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

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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?

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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

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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

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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

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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

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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

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

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Budget 2014: support for savers announced

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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

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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

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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

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

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Single Tier pension plans

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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

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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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