News

Recruitment Round Up

At Pension Works, we’re constantly growing our team and here are the top jobs we’re recruiting for in February. Check out our Careers page for more information Business Development Manager Pension Transfer Specialist – Financial Adviser Paraplanner Pensions Administrator

Defined Benefit Transfer values reach new high

Defined benefit transfer values hit a new high in November as a result of rising inflation and falling gilt yields.

January – Recruitment Roundup

At Pension Works, we’re constantly growing our team and here are the top jobs we’re recruiting for in January.

Pension Works on FTAdviser

Will King, our Head of Business Development was featured on FTAdviser this week, giving his thoughts on our DB process and how the business has grown since the regulator introduced a ban on contingent charging. Read the full article here.

Final Salary Pensions

What are Final Salary pensions? A Final Salary pension (officially known as a defined benefit pension) is a pension scheme that promises to pay you a guaranteed pension from the day you retire, for the remainder of your life. The amount you are paid is based on your final salary; at the point you retire […]

Retiring Abroad? Your State Pension could be affected

The UK state pension income is able to be claimed by anyone who has a minimum of 10 years of National Insurance contributions and has reached the state pension age. This also applies to anyone who has retired abroad, but there are some changes that may affect this. To claim the state pension abroad, you […]

Will my Final Salary pension be affected by COVID-19?

The recent coronavirus epidemic has many people wondering how it will impact their final salary (also known as Defined Benefit) pension. Provided your former/current employer manages to stay in business – your pension should be safe*, which is great news. Public sector schemes, such as those for teachers, nurses or civil servants are also protected […]

Making the most of your time and retirement funds

Analysis of HMRC data* highlighted the fact that pensioners are continuing to save for their future and to increase their retirement funds in later life. The latest HMRC statistics reveal that the average value of an ISA held by someone aged over 65 now stands at £47,000. This an increase of £4,500 compared to the […]

Pension Drawdown retirees are unaware of income flexibility.

A YouGov survey by Zurich* has revealed that most retirees in pension drawdown are unaware they can vary their level of income drawdown. And, perhaps most alarming, the research found those not receiving professional finance advice were more likely to be potentially missing out in retirement.

The Growing Appeal of Multi-Asset Investment Funds.

It’s no secret that, in recent times, a combination of geopolitical uncertainties, weaker growth and increased volatility has heightened awareness of risk amongst investors. And this, in turn, has sparked new interest in multi-asset funds, as investors try to manage risk and protect capital while also seeking growth opportunities.