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Archive | Pensions

Warning – Pensions Regulator Email Spam

Warning - Pensions Regulator Email Spam

Warning – Pensions Regulator Email Spam Emails are circulating purporting to be from the Pensions Regulator with direct debit notifications – do not open or respond to links. False emails are circulating which appear to be from the Pensions Regulator and include scheme reference numbers etc and advising that direct debit payments are going to be […]

The £1.85trn debt black hole

The £1.85trn debt black hole

The government is currently sitting on a £1.85trn “hidden debt time bomb”, much of which is due to public pension liabilities, according to free-market think tank the Adam Smith Institute. Out of £1.3trn in liabilities owed by public-sector pension schemes, 93% are currently unfunded – meaning that instead of putting money aside today to cover […]

Pension Pot Restrictions – Not for some!!

Pension Pot Restrictions – Not for some!!

HMRC CEO resigns with £2.2m pension fund!! According to the Taxpayers’ Alliance, less than a fortnight after becoming a Dame Commander of the Order of the Bath, Lin Homer announced on Monday that she will quit as Chief Executive of HM Revenue and Customs in April. HMRC has hardly shrouded itself in glory under her […]

Pension freedom or liberation?

Pension freedom or liberation?

Pension freedom is a GOOD thing. The change in law from 6 April 2015 means that members of defined contribution pension schemes who are aged 55 or more should be able to draw what they want from their pension schemes. But “pension liberation” is a BAD thing. This is when scammers use confidence tricks to […]