Tag Archives: pension freedoms

Government cancels plans to create a market for secondary annuities

Last week the government announced that plans to extend pension freedoms to those that had already purchased an annuity were to be cancelled.  For the full official release on this please…

Pension Freedoms take off…

Let’s start with a quote taken directly from the HM Treasury press release on the 28th July 2016: “new HMRC figures show more and more people are taking advantage of…

retirement support

Financial Education needs to be prioritised in the new political era, says Jelf Employee Benefits

Following the announcement of a new Minister of State at the Department for Work and Pensions, Jelf Employee Benefits is looking for financial education in the workplace to rise up…

retirement support

Employers unprepared for impact of likely changes in pensions tax relief

With just two weeks until the Chancellor’s 2016 Budget statement, research carried out by Jelf Employee benefits has established that 3 in 4 employers (76%) have yet to inform their…

save money on insurance

FCA Retirement Income Market Data

Last week the Financial Conduct Authority (FCA) published their collected data under the above title for the period July – September 2015. It should be admitted that ordinarily such a set…

Swapping annuities for cash

The Government has announced that from April 2017 tax restrictions for pensioners wanting to sell their annuities will be removed. This means that anyone who already has, or is going…

Secondary annuity market: Advice will be required

With three official Budget statements from The Chancellor in 2015 – and pensions being a key political topic – it’s been a long year for workplace savings. But if you cast…

retirement support

TEE approach is flawed, says Jelf, and calls for further simplification and extension to pension freedoms

Jelf Employee Benefits gives their response to the Consultation ‘Strengthening the Incentive to Save: A Consultation on Pensions tax relief’ which proposes to switch from the current pensions tax system,…

So are the new Pension Freedoms being used?

The answer to the title of this post appears to be a very clear “yes”. Figures from the Financial Conduct Authority (FCA) this week provides firm evidence of such usage.  The data…

A good gig?

Although the summer is undoubtedly the silly season in much of the media, this quiet period does allow some genuinely new and interesting topics to take root in the business…