The government has published its response to the Treasury report on household finances. Downplaying the possibility of structural reform to pension taxation, possibly a hint at changes to pension allowances, no commitment to increase auto-enrolment contributions.
Published: 15 October 2018
The Office for National Statistics has released data from the Wealth and Assets Survey covering attitudes towards saving for retirement for the period July 2016 to Dec 2016. From Nathan Long – Senior Pension Analyst at Hargreaves Lansdown.
Published: 29 June 2017
Ever since the NI Budget U-turn debacle, an early General Election has made increasing sense. The Government needs a mandate to govern and if it lacks the legitimacy even to deliver on its centre-piece announcement of a rise in NI rates for the self-employed, then an Election in pursuit of a strengthened majority was the logical solution. From Tom McPhail, Head of Policy - Hargreaves Lansdown.
Published: 29 April 2017
British spending on Eurozone property halves in a year. Data released by foreign exchange specialist FEXCO shows Britons cancelling all but essential payments for European property. Comment from David Lamb, head of dealing at FEXCO Corporate Payments, explained:
Published: 19 April 2017
Only ten percent of employers believe their employees are saving enough for their retirement. Comment from Jonathan Watts-Lay, Director, WEALTH at work.
Published: 27 January 2017
Forty-five percent of people are still unsure what auto-enrolment actually means. Seventy-three percent of people who know what auto-enrolment means, believe that they will be able to comfortably retire at 65 because they have auto-enrolled in their work pension scheme. More than half (56 percent) of Brits don’t know what percentage of their salary is going into a pension. With comment from Andrew Firth, Chief Executive, Wealth Wizards.
Published: 15 January 2017
Attitudes to later life employment and to retirement are changing, with increasing emphasis on flexible and part-time employment in the approach to retirement. It is also encouraging to see strengthening recognition of the value and importance of pension saving to pay for retirement. From Hargreaves Lansdown comment Tom McPhail, Head of retirement policy.
Published: 15 December 2016
One in five people will be working at 80. Only 30 percent of Brits will retire by 65 and 42 ... View Article
Published: 8 November 2016
Retirement plans under threat as workers struggle with ‘pension paralysis’
Published: 9 September 2016
Widespread support for a retirement quality mark
Published: 19 August 2016