Industry news and views from Panacea and our partners.
Pensions_
Aegon welcomes next critical step in delivering consumer confidence in Defined Contribution WORKPLACE pensions
Commenting on the announcement by the OFT of the Independent Project Board that will oversee the workplace pensions audit
FundsNetwork removes all additional charges from its new pension
FundsNetwork has removed all additional costs associated with the FundsNetwork Pension to make it even simpler and cost effective for advisers and their clients.
L&G: Opinion: what makes a good value annuity?
The International Longevity Centre has just hosted a debate on annuities at the House of Lords but I thought I would share a few of my own thoughts.
Bright Grey: Could Help to Buy help your protection business?
Ian Smart, Head of Product Development and Technical Support at Bright Grey, talks about Help to Buy and how its likely to affect the protection market.
Aviva: Free auto-enrolment planner now available
Weve launched a ground-breaking new planning tool that helps you support multiple clients through auto-enrolment.
Scottish Life: D (for Divorce) Day 2014
A look at what's changed since the Pensions Act 1995 forced solicitors to include pensions in divorce settlements, and what it means for you and your clients.
Scottish Life: In conversation with... Colin Mitchell
Our Head of Strategy and Proposition gives his views on the changes in the market, what's important to employers, and how to ensure propositions are built for long-term success.
Scottish Life: What to look out for in 2014
With this year promising to be an interesting one for pensions, Jamie Clark provides a preview of expected highlights.
Scottish Life: Technical corner - AE and existing schemes
Our technical expert, Jim Grant, answers a frequently asked corporate pensions question regarding the minimum contributions required for auto enrolment.
Aegon comment on Steve Webb DWP announcement
Commenting on the DWPs decision to defer any price cap on workplace pensions until April 2015
Pension- somewhere cheap to stay in France?
Both my wife and I paid into a pension as soon as we started work at age 17, and we increased the contribution percentage of our salaries several times during the 1970s throughout the 1980s, and our employers also increased their contribution percentages as well.
Aviva: Finally, the FSCP wakes up to poor annuity practises
The Financial Services Consumer Panel (FSCP) report, Annuities: Time for Regulatory Reform, continues to provoke media debate this week.
Aviva: Have you seen the annuity headlines today?
Youve probably seen some negative articles in todays press about annuities.
Scottish Widows: 2013 Autumn Statement
Recently the Chancellor presented his 2013 Autumn Statement. Our Financial Planning team has prepared a detailed summary, highlighting key impacts for you and your clients.
What makes a good pension?
Legal & General played host at our London head office recently to a debate on the topic of what makes a good pension? organised by The-Pensions-Net-Work.
2014: The year when the saver is finally put at the heart of pensions, says Fidelitys Julian Webb
Shifting sands of the pensions industry will put the spotlight on those providers who do the right thing and those who dont
Aegon: Tax planning opportunities with pension contributions
With the basic rate income tax limit set at just £32,010 for 2013/14, the number of people paying higher rate tax at 40% is greater than ever before.
L&G: How offshore bonds make pension sense
Following heavy cuts in pension allowances, and more expected within the year, an offshore bond is a useful consideration to complement a pension fund. The trick is to invest both to best effect.
Scottish Widows: Our Enhanced Annuity is now available through AMS and Webline
Were delighted to announce that since November this year, you can get quotes for our enhanced annuity on the Webline and AMS portals.
Aegon response to the DWP consultation
Aegon UK has now submitted its official response to the Department for Work & Pensions (DWP) consultation Better workplace pensions : a consultation on charging.
Scottish Widows: Modelling pension investments towards retirement
Robert Cochran, Scottish Widows Pensions Development Manager, will be hosting a CPD webcast on Thursday, 5 December
L&G: We must look out for those we have auto enrolled
A special responsibility falls on the pensions industry through automatic enrolment.
Advisers have to educate and partner with accountants
Automatic enrolment is a potential game changer for UK pension provision - bringing an estimated 10 million people into long-term saving for the first time.
The latest UK womens pension savings figures revealed
The report highlights that just 40% of women, compared to 49% of men, are preparing adequately for later life - a drop from 42% last year and 50% in 2011.
Aegon: Auto-enrolment - your corporate Trojan horse
Auto-enrolment is the biggest opportunity the UK advisory market has faced for years. To paraphrase the great sage Edmund Blackadder, it's a six story opportunity with a large luminous sign on top saying big opportunity here.
Schroders: Too much of a good thing?
In 2013, the majority of UK pension schemes find themselves with a deficit hole to fill. Most UK pension scheme trustees and corporate sponsors are relying on investment returns and favourable market conditions to help them do this.
Scottish Life: OFT DC Workplace pensions market study
Ronnie Morgan, our strategic insight manager, looks at the recent findings, what it all means for advisers and what we expect to happen next.
Scottish Life: In conversation with....Ewan Smith
Noted financial journalist, Pamela Atherton, interviews our managing director, Ewan Smith, on the issues and challenges facing the corporate pensions market.
The latest UK womens pension savings figures revealed
Its just over a year since the start of the one of the biggest revolutions in workplace pensions saving, with the introduction of automatic enrolment. The early signs are good with fewer than one in ten opting out in the first month after being enrolled. However, there is no room for complacency.
Scottish Life: Auto enrolment - learning from experience
More than a year after the first employer's auto enrolment staging date, Jamie Clark reflects on the many hard lessons learned by employers, providers and advisers.
Scottish Widows:The latest UK womens pension savings figures revealed
Our 9th annual Women and Pensions Report contains useful insight around what motivates womens pension savings.
Canada Life: A tax deferred is a tax saved
Brian is an employee who has inherited a lump sum of £100,000. Although he is a higher rate taxpayer at present, as a member of his employers defined contribution pension scheme
Scottish Widows: Annual allowance and pension savings statements
If your clients' total annual contributions into their pension arrangements are more than £50,000 for tax years 2011/12 and/or 2012/13, they could be liable to tax charges.
Scottish Life: Single-Tier Pension winners and losers
The STP will bring some much needed clarity, but not everyone will be better off under the new rules.
Scottish Life: 3.25% GAD rate makes income drawdown even more attractive
The GAD interest rate is rising again, for plans commencing or being reviewed in October.
Scottish Widows: Weve launched our 4th annual Workplace Pensions Report
Insight and statistics to help you support and advise your clients.
Aegon UK welcomes the OFTs agreement with industry and calls for ongoing focus on the successful delivery of auto-enrolment
Aegon has announced its support for the agreement OFT has reached with the industry to strengthen scheme governance and to undertake an audit of older and higher charging schemes.
Scottish Widows: See how we can assist you with automatic enrolment
Well be at the Employee Benefits Live Conference on 25th and 26th September 2013. Our experts are ready to see how we can assist you with any automatic enrolment queries you have. Visit us on stand 518.
Aegon: Automatic enrolment for small business owners
Advisers providing support to corporate clients, individual directors and business owners of all different types
Aviva: With Profits Pension Annuity changes
We have made some changes to improve our With Profits Pension Annuity.