Archives
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- November 2010
- June 2010
- January 2010
- October 2009
- July 2009
- March 2009
Latest Newsmore»
-
Disruptive Innovation
14.05.2013Guardian Wealth Management has carved out a reputation as one of the leading professional financial planning companies for UK and expatriate clients. As a company, Guardian Wealth Management is committed to helping its clients create and preserve their wealth, whether they are interested in UK investments, European investments or want to focus further afield in Asian investment opportunities. We pride ourselves on our ability to remain at the cutting edge …
Contact Us today
Call: +44 (0) 800 779 7028 Email us here
Workplace pension schemes are to be Investigated by Office of Fair Trading
23.01.2013
As automatic enrolment into a NEST pension scheme gathers pace, the Office of Fair Trading (OFT), are to investigate workplace pension schemes.
The OFT stated a market study would examine whether they are geared up to deliver the best value for money for savers.
As it stands four million people in the UK are currently enrolled in such a scheme to save for retirement and the Government’s auto-enrolment, NEST pensions, is expected to result in as many as nine million others having to join up.
It is widely hoped that defined contribution schemes, which invest money contributed by an employer and individual to buy a pension income, will help eradicate the crisis in retirement incomes.
It is reported that the value of annual contributions into pension schemes is expected to soar by around £11bn by 2018.
Joanne Segars, Chief Executive of the National Association of Pension Funds (NAPF), said that people are often “very suspicious” about pensions, but this needs to change in order to get more saving for their old age, especially given growing life expectancies.”
Joanne went on to say “Millions of people will get a new workplace pension under the much-needed auto-enrolment reforms and they need to have more confidence in the product.”
The watchdog also wants to discover whether smaller firms are being given enough help in establishing pension schemes.
With that in mind let Guardian Wealth Management help, whether as a company or an individual seeking help with their retirement planning, please don’t delay contact one of our financial advisors or visit the NEST pensions page on our website.
