Pension schemes

December 9, 2021
70% of people aren’t saving adequately for their retirement premium
Looking back at this year’s stats, around 70% of working-age people who sought advice from deVere this year to date were not saving enough for their retirement. This is an incredibly high number. These mainly British savers, who we took on as a company over the past year, were not saving adequately in order to live a comparable lifestyle in retirement. When we first meet new clients, a comprehensive study is undertaken of their present financial situation. Read More
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February 5, 2015
The countdown is on: Civil servants hit with ban on pension transfers premium
The government’s impending ban on unfunded civil service pensions being transferred out of the UK is nothing short of a hammer blow to individuals who have served and continue to serve their country. As from April this year, public sector workers with unfunded pension schemes will no longer be able to move them outside the UK, therefore drastically reducing important retirement options available to them. The government’s impending ban on unfunded civil Read More
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January 29, 2015
Launch of new pension freedoms proves chaotic premium
The government’s new pension freedoms announced in the Freedom & Choice agenda announced in the Chancellor’s 2014 Budget, are in my view, both chaotic and cynical. As from April this year, over 55s in defined contribution schemes will be able to access their entire pension pot.  This is part of one of the most drastic pensions overhauls we’ve seen for decades and, therefore, will inevitably affect the choices people make with regards to their retirement for years to Read More
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January 18, 2015
Government’s ‘Pension Wise’ guidance will be too generic premium
The brand name of the government’s pensions guidance service announced by Chancellor George Osborne in last year’s Budget has been unveiled as ‘Pension Wise’, with the tagline ‘Your money.  Your choice’. The brand name of the government’s pensions guidance service announced by Chancellor George Osborne in last year’s Budget has been unveiled as ‘Pension Wise’, with the tagline ‘Your money.  Your choice’. Read More
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Tax
December 3, 2012
Tax raid will close pension schemes premium
Price Waterhouse Coopers are warning that companies will close their final salary pension schemes if Chancellor George Osborne keeps changing the laws on pension schemes. The raids by Osborne on people’s retirement savings are damaging the workers’ confidence in the system and discouraging saving in the UK. Price Waterhouse Coopers are warning that companies will close their final salary pension schemes if Chancellor George Osborne keeps changing the laws on pension schemes. The Read More
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November 15, 2012
Company Pensions Are Set For Another Fall premium
The unexpectedly large spike in inflation confirmed yesterday and the BoE's inflation forecast today could spell trouble for company pension holders. The unexpectedly large spike in inflation confirmed yesterday and the BoE's inflation forecast today could spell trouble for company pension holders. Read More
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