Industry news and views from Panacea and our partners.
Pensions_
LV= Pension Consolidation - plan ahead now and get the perfect outcome for you and your clients
Scottish Widows: DWP Response
Important information on initial commission. We recently communicated to the market that initial commission for new and existing schemes is coming to an end. Initial commission will end for all qualifying corporate schemes from 3rd November 2014.
Introducing the LV= Transfer Value Analysis Service (TVAS)
We know that you want to make sure you are recommending to your clients a provider who can offer investment options and provide access to the new pension reform freedoms.
FEIFA: How to manage that unknown risk
Given the amount of Brits that have emigrated, and those that will leave these shores in the near future, how can UK advisers protect themselves from client complaints by providing the option of transferring UK pensions into a Qualifying Recognised Overseas Pension Schemes (QROPS).
LV= Pension Reforms - can you afford not to act?
The radical reforms announced in the Budget have grabbed the headlines and boosted interest in pensions.
Scottish Widows: Insight on retirement planning for self-employed clients
This month we are continuing to look at the financial planning needs of small business clients.
Everything you wanted to know about the AE Common Data Standard
There are around 30 pension providers an employer can choose to set up their workplace pension and around 40 further providers who will convert their existing workplace pension into a scheme that qualifies for workplace pension.
Prudential: UK Budget Hub
Prudential recognise that the Government's announcement in the UK 2014 Budget may allow your clients/employees/you greater freedom and control over how pension savings are drawn.
Scottish Widows: Workplace Pensions Report 2014
More than three-quarters of people are now aware of Automatic Enrolment.
Prudential: The average retirement now lasts nearly 20 years
People turning 65 this year can expect to average nearly 20 years in retirement, according to new analysis published by Prudential.
Scottish Life: Nows the time to face income drawdown head on
Let us help you take the sting out of some of the complexities
Panacea Auto-Enrolment Video Series - 'Making Contributions' and 'Administering your scheme'
Two more videos have been released in this great series, for you to brand and use to help you grow your auto-enrolment business.
Drawdown, annuity or a combination? What's best? Model it with the LifeCash Apps
With the introduction of the new pensions rules advisers are looking at the options for clients in the at-retirement market. One of the biggest challenges is engaging the client in a meaningful way, which they understand and buy in too.
LV= The rise of the part-time pensioner
Just over one in three (38%) UK adults who are at state pension age are fully retired.
HMRC draft guidance on transitional issues for pension freedoms
Recently published draft guidance from HMRC on the transitional issues associated with the Freedom and Choice in Pensions announcements made in this years Budget.
Retirement specialist LV= provides a guarantee that your Pension clients can switch on or off whenever they choose
LV= offer a suite of products to assist advisers when choosing the best option for their clients in retirement.
LV= The stockmarket has provided some exceptional returns
If there was a way to smooth the peaks and troughs for your pension clients - wouldn't you want to know more?
Scottish Life: Our charge cap and commission stance
Our workplace pension charges will be changing to comply with the new legislation capping default fund charges and banning commission and consultancy charging on qualifying and auto enrolment schemes.
LV=Three quarters of pension clients considering blended retirement solutions
Recent LV= research has shown that three quarters of advisers have clients considering blended pensions solutions post Budget.
Prudential: Thank you for voting our online services five stars
We are very proud to announce that we were awarded two 'five star' awards at this year's FTAdviser Online Service Awards.
Prudential: Freedom and Choice in Pension Consultation - analysis now available!
Join our WebEx this Friday at 11am where we'll talk through our analysis.
LV= voted best insurer for customer satisfaction
LV= has been voted the best insurer for customer satisfaction, according to the 2014 UK Institute of Customer Service Customer Satisfaction Index
Flexible Guarantee Funds now available through LV= Pensions
Our new option offers your SIPP and Personal Pension clients
AXA life invest: Teaing up for retirement?
When Steve Webb uttered the headline grabbing Pensioners free to buy Lamborghini was he serious? Or was this a clever reference to Let them eat cake and Chancellor Osbornes aristocratic up-bringing?
LifeCash Pro: How others use it
Last week, Panacea announced their partnership with LifeCash Pro, an iPad app that can delivery fast, effective and easy-to-use cash-flow modelling.
Aviva latest news
The latest news including Sample adviser to client letters for new ISA limits and An online pension fund consolidation solution.
LV= Launches new investment option for pension clients
Retirement specialist LV= has launched a new investment option available via its self-invested personal pension and its personal pension.
Prudential: Talking a good retirement game
All clients have aspirations for their retirement and some may already be putting funds aside to try and achieve an enjoyable retirement.
Scottish Life: Collective Defined Contribution
We take a look at what it is, how it works, and will it take hold in the UK?
Budget 2014 - Freedom and Choices in Pensions
Please reconsider providing total freedom of access to pension funds, to all those aged over 55 and amend the proposal to require everyone to secure a minimum level of guaranteed income
APFA: Advice profession willing and able to engage with pensions guidance handoff
New figures from the Association of Professional Financial Advisers (APFA) reveal that the advice profession has the appetite and capacity to accommodate people as they are handed off from pensions guidance - the process being implemented as part of the new pensions freedoms announced in the March Budget.
AxA life invest: Decisions, dilemmas, predictions and change
The Governments recent freedom and choice in pensions consultation predicts that pension reforms will allow providers much greater freedom to innovate and create solutions which better meet the evolving needs of consumers and their spending patterns in retirement.
LV= Webinar invitation
We are already seeing clear signs that the changes announced by the Chancellor in March will be bringing greater choice for those retiring, but with that choice comes harder decisions for advisers and their clients.
LV= New Personal Pension Drawdown
Our brand new Personal Pension Drawdown product is sitting at the top of the latest price comparison tables for Drawdown on both O&M and Selecta Pension.
Health Shield: Improving health and wellbeing through pensions auto-enrolment
Auto-enrolment has pushed the needs of employees to the front of employers minds and theyre now not just thinking of pensions, theyre thinking of their overall benefit offering.
Scottish Life: Governed Portfolios - five years on and still going strong
Centralised Investment Propositions (CIPs) have grown in popularity amongst the adviser community in recent years.