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
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
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
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
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
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