Industry news and views from Panacea and our partners.
Pensions_
Royal London: Worried about auto enrolment profitability?
Use our calculators to help you build robust, workable solutions.
Engageinsight: IoD Retirement Symposium Thursday 12th March 9am-1pm Institute of Directors Waterloo room 116 Pall Mall SW1Y 5ED
There is considerable industry speculation about the new pension rules due in April: but what do your clients and pension investors think?
Engageinsight: IoD Retirement Symposium
Iod Retirement Symposium Thursday 12th March - 9am-1pm Institute of Directors Waterloo Room 116 Pall Mall SW1Y 5ED
FundsNetwork: Are you ready for 6th April?
FundsNetworkTM have been working hard behind the scenes to make sure they are ready to provide a fully operational service for you and your clients wishing to take advantage of the new pension freedoms from April. From flexibly accessing pension savings to full support for the new death benefit rules theyve got it all covered.
Prudential: Freedom and Choice
Last year, the Budget proposals for pensions were seen as the biggest changes for many years. These changes give clients greater freedom and personal responsibility as to how they use their pension fund to provide income.
Royal London: Three pension opportunities to grab before the tax rules change
The legislative changes designed to introduce "Freedom and Choice in Pensions" will take effect on 6th April 2015.
Over half of advisory firms see business boosted by pension reforms, reveals FundsNetwork adviser class of 2015 survey
According to FundsNetworks inaugural Adviser Class of 2015 survey, over half of advisory firms (53%) have claimed that they have already seen a positive impact on their businesses as a result of the pension reforms*.
Scottish Widows: Supporting you and your clients with pension freedoms solutions
The new pension freedoms announced last year have revolutionised the way we think about pensions, creating more opportunities for you to support your clients.
Register now for
Your clients need you The future of retirement income planning a live and interactive webinar
FundsNetwork: Getting the right capped drawdown arrangement in place
Paul Kennedy, Head of Tax and Trust Planning, looks at the benefits for clients to be in the right capped drawdown arrangement before the new rules kick in on 6 April.
NOW Pensions breaking the mould
Auto enrolment presents a promising commercial opportunity for advisers. However, as the demand from SME and micro employers gathers pace, there is an increasing fear that pension providers will not be able to meet the demand.
Aegon UK is yet to see auto-enrolment impact member saving behaviours
Aegon UK reports an increase of more than 50% in the number of people who stop paying into their workplace schemes after the opt-out window since the start of auto-enrolment.
A new default for a new era is it too soon to say?
If you asked 100 people, in a Family Fortunes style poll, if theyd like a free doughnut, what do you think most of them would say?
Royal London: Directors and auto enrolment
2015 marks the start of staging for small, micro and nano employers. Many of your clients will need to decide whether one or more of their directors should be considered as workers for the employer duties.
FundsNetwork: Tomorrows opportunity. Todays pension solution
There are, of course, many things to consider when choosing a pension. Firstly, it needs to offer your clients choice, flexibility and value for money. Secondly, and importantly, it needs to fit in with your business. Finally, it needs .
Cutting the Gordian knot
Over 65% of consumers in a recent major survey on the new pension changes* had no idea what income drawdown is and only 20% with a DC pot said they knew what a marginal tax rate is!
Scottish Widows: Read Januarys edition of Techtalk
Theres a record increase in the number of women saving adequately for retirement in the last year, but theres more advisers can do to add some real value to the financial future of female clients.
Royal London: Helping you and your clients with the new era of retirement planning
April 2015 flexibility - how our pension products will change.
LV= Announces retirement webinars for advisers
Retirement specialist LV= is hosting a series of five retirement webinars for advisers who want to look at how they can make the most of the opportunities the pension reforms offer them and their clients.
Royal London: A look back over auto enrolment in 2014
A festive round-up of what happened during the last year in the world of workplace pensions.
NOW: Pensions Pensions achieves independent assurance of scheme quality
NOW: Pensions has today reported on its governance and administration arrangements in accordance with the new master trust assurance framework introduced by The Pensions Regulator (TPR) in conjunction with the Institute of Chartered Accountants in England and Wales.
Aegon raises concerns about how annuity re-selling would be carried out and is particularly concerned about vulnerable annuitants.
Following the proposal from Pensions Minister Steve Webb, Aegon has outlined concerns about how some vulnerable annuitants may be targeted to encourage them to cash in their annuities.
Aegons response to the proposed annuity re-selling proposals from Steve Webb
The industry is already under significant pressure to deliver the various legislative changes this year.
NOW: Pensions Top tips for small businesses preparing for auto enrolment
For small companies, auto enrolment is looming large on the horizon. Starting in January, businesses with fewer than 58 employees will reach their staging date and by the third quarter of next year, those with fewer than 30 staff will be captured by the legislation.
Scottish Widows Live Debate
From April 2015, the new pension freedoms will give retirees new flexibilities in how they take their retirement income.
LV= Personal Pension and Drawdown No signature required
Were always looking to make your life easier and speed up our processes, so weve now launched signatureless applications run a quote and submit the application from your desktop with no client signature required!
LV= can help you build new solutions for your clients
George Osborne's Pension changes continue to generate media coverage and raise client awareness and expectation about what's available from April 2015.
The Family Asset Pension Trust - The Premier Auto Enrolment Solution
Brought to you by the Family Asset Protection Company, The Family Asset Pension trust is a fully managed end to end Auto Enrolment compliant solution to your corporate clients Auto Enrolment dilemma.
LV= Secure income options choice with certainty.
Although welcome, the wider range of pension freedoms introduced in the budget have the potential to add a fresh layer of complexity to what is already a daunting topic for many people.
Family Asset Pension Trust: Automatic enrolment: The first employers have been issued a Fixed Penalty Notice for not meeting their duties
It is expected that as the number of employers subject to the duties goes up there will be more non-compliance. Smaller employers, despite the Regulators message to prepare early, are likely to leave it too late, or not comply at all.
Family Asset Pension Trust: Automatic enrolment: Do you really know your staging date?
Let Family Asset Pension Trust assist you with the process of Staging and establishing your Auto Enrolment compliant scheme.
Have your clients missed their Staging Date????
They are not alone...! depending on which publication you read the numbers of employers who have not acted in time could run into the 1,000s
Launching the Scottish Widows Women and Retirement Report
Launching the Scottish Widows Women and Retirement Report.
Prudential: Oracle technical - November 2014
Our latest edition is here - covering interesting and topical related commentary that could help you to identify new planning opportunities with your clients.
Scottish Life: New flexibility and death benefit rules
A new pension revolution was kicked off by George Osborne in his fifth Budget in March 2014. Assuming his plans are not derailed there are a number of new options and changes to existing rules.
Pensions Guru Steve Bee at BNY Mellon's Adviser Assembly 2014
Steve Bee is a prominent pensions strategist behind the pensionsguru website, and CEO of jargonfreebenefits, a leading IFA advisory and consultancy service. He also contributes columns and cartoons to a number of industry publications, and was recently named in Money Marketings list of the most influential names in the UK financial service.
Panacea welcomes Family Asset Pension Trust to the community
Panacea Adviser is delighted that Family Asset Pension Trust (FAPC) has joined its growing list of partners.
Scottish Life: Partners in LLPs might need to be automatically enrolled
A ruling by the Supreme Court could mean that partners in a LLP might have to be considered for automatic enrolment. We look at the courts findings and the Pensions Regulators interpretation.
LV=Next April's pension reforms are going to have a profound impact on retirement in the UK
With an estimated 30 million pension policies in closed funds worth an estimated £150bn* - many with excessive charges and limited investment choice - it's certain that your clients will be looking to you for the security and reassurance that their preparations and plans are going to allow them to take full advantage of the wider options offered by the new 'freedoms'. *Source: FCA estimates
Prudential: Oracle technical October edition
Our latest edition is now available - covering interesting and topical related commentary that could help you to identify new financial opportunities with your clients.