Industry news and views from Panacea and our partners.
Retirement_
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?
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?
Aegon: Its evolution not revolution thats required
Many commentators say that we are undergoing a revolutionary change, I prefer to say we are in a period of evolution, which is impacting on all areas of our profession and the world in which it operates.
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
Latest news from Aviva
Latest news from Aviva includes update Five star rating in the Ft Adviser Online Service Awards 2014 and Aviva Fixed Term Retirement Plan is changing.
Prudential: Selecting a drawdown team? Consider PruFund in your line up
The Budget has fuelled plenty of speculation around how clients will respond to the proposed pension flexibility. However, in reality most clients will still be facing similar challenges at retirement as they did prior to 27th March.
Prudential: Budget 2014 A Retirement Revolution or much ado about nothing?
Which camp are you in and more to the point, which camp are your clients in? I am firmly in the Revolution camp as the dust settles on the Chancellors 2014 Budget Statement.
LV= Heart of Retirement events
We would like to invite you to one of the LV= Heart of Retirement events.
Selecting a drawdown team? Consider PruFund in your line up
The Budget has fuelled plenty of speculation around how clients will respond to the proposed pension flexibility. However, in reality most clients will still be facing similar challenges at retirement as they did prior to 27th March.
Aegon outlines pricing plans to provide businesses with DWP compliant solutions
Aegon has announced its pricing plans to support employers in achieving compliance with the new charge restrictions introduced by the Department for Work and Pensions (DWP).
LV= Appoints head of portals for retirement solutions
LV= has appointed Jon Pocock as Head of Portals and Integration for its retirement solutions business. Jon joins LV= from MGM Advantage where he was Portal and Platform Manager.
Aegon calls for closer co-ordination of FCA Retirement Income Market Study, Budget Changes and the Guidance Guarantee
Aegon welcomes the FCAs decision to revise the approach to its Retirement Income Market Study in light of the budget announcements which will mean the retirement income market post April 15 will be dramatically different to that which exists today.
Prudential: Decisions, decisions, decisions
Why it pays for many to seek professional financial advice.
LV= launches simplified drawdown product
Retirement specialist LV= has added a simple drawdown option under its low cost personal pension plan following the retirement income changes announced in the Budget.
2014 Aegon Retirement Readiness Survey Published
Aegon released the findings of the 2014 Aegon Retirement Readiness Survey, one of the largest surveys of its kind, with 16,000 respondents spanning 15 countries in the Americas, Europe and Asia.
Scottish Life - Better workplace pensions: its not just caps and commission
In the immediate aftermath of the DWP's snappily entitled paper "Better workplace pensions: further measures for savers" the wires were abuzz with talk of charge caps and the banning of Active Member Discounts (AMD) and commission.
Retirement income or retirement outcome?
It is often said that clients dont want to take any risks in retirement so they choose products which they see as being risk free. However, is there such a vehicle? Does this mean that the client is more interested in retirement income than a good retirement outcome? What do the recent Budget changes mean in relation to retirement outcomes? To understand the risks in retirement, the different options available on retirement must be considered and the way in which they work.
Retirement Income Planning with Defaqto Prudential Oracle Live WebEx
You are invited to our upcoming Oracle Live WebEx session with Matt Ward, Wealth Management Consultant from Defaqto and Vince Smith-Hughes, Head of Business Development at Prudential, on Thursday 22nd May.
Aegon announces new fund manager partnerships
Aegon is delighted to announce that advisers and their clients will be able to access its new One Retirement pension offering
Retirement Options
In the UK we have a number of towns that would immediately relate to having sizeable retirement populations. My sister, married to a US citizen, sent me some interesting observations on US retirement options.
LV= launches retirement income microsite for advisers
The website offers advisers guidance on what they and their clients need to consider in the short-term, with tools to help navigate the options.
Aegon: How can you capture market gains for your customers?
With stock markets continuing to show signs of volatility, people continue to be worried about the impact on their investments and income. We ask how you can give your customers some comfort that there are investment solutions available that can help them regularly lock in any potential gains, while protecting against market falls.
Prudential: One in seven will retire with no pension, research shows
One in seven (14 per cent) of those planning to retire this year has made no personal pension provision and will be either totally or heavily dependent on the State Pension, according to research by Prudential
Unbiased: New pension rules offer greater opportunities
New research from unbiased.co.uk and Prudential reveals that 20 per cent* of the nation is now more confused by their retirement options following the Budget announcement.
Latest news from Aviva
Making sure customers are aware of recent changes to retirement options
Scottish Life: Legal highs - the 2014 budget
Allowing increased flexibility in the way people take their benefits from a pension scheme is A GOOD THING. But with flexibility comes responsibility.
Scottish Widows Techtalk
We answer anticipated questions following the increase in the GAD limit from 120% to 150%
Budget offering more choice and flexibility welcomed by AXA Life Invest
AXA Life Invest, believe in providing flexible and innovative solutions to individuals who are either planning for retirement or are in retirement and welcome the changes to pensions and retirement income announced as part of the recent Budget.
Latest news from Aviva
Were changing the annual management charges for investments into Select Investment
Prudential tools & calculators
Were pleased to announce we are upgrading our tools & calculators to be used across a variety of devices.
Aegon welcomes HMRCs response to the Budget changes
HMRCs response will help customers reverse their annuitisation decisions. This in turn will give customers more time to review their options, seek advice, and to benefit from the new retirement choices set out in the Budget.
Scottish Life: Pensions investment outsourcing is no child's play
Wish stricter regulation from the FCA, you need a provider you can depend on to behave responsibly.
Keeping a sharp mind in retirement
As we slowly move through retirement, we need to keep ourselves occupied with small projects
Prudential: Retirees incomes squeezed as they continue to support their families financially
Two in five people planning to retire this year are helping their families financially
Aegon leads the way on Budget reforms
The 2014 Budget has broken down barriers to saving and has created new retirement flexibility. Aegon wants to amplify this and help get the UK ready for retirement.
LV=: Special Edition 1 Year Fixed Term Annuity (PRP)
Since the Budget 2014 revolutionised the retirement landscape, those facing retirement have been searching for a way to access their tax free cash as well as receive an income - without limiting their retirement income options for the future.
Aegon: Are you prepared for the new world of pensions advice?
Harold Macmillan who served both as Chancellor and Prime Minster once described budget day as Rather like a school speech day a bit of a bore, but there it is