Housing secretary James Brokenshire has suggested that youngsters should be allowed to access their pensions savings to help them get on the property ladder.
A new report recommends that women who take time off work after having children should receive a pension top up following the birth of their first baby.
As we approach the third anniversary of the referendum, and despite the Prime Minister invoking Article 50 and beginning the time limited two-year negotiating period that set the UK on the path to leave the European Union, the UK remains a full member. Senior Investment Analyst at Quantum Advisory, Matthew Tucker, explains what might happen next, including the possibility of a second referendum.
The Women in Investment Awards 2019 has revealed this year’s full list of nominees – which includes a Partner at Cardiff-based Quantum Advisory, Amanda Burdge.
From 15 May, the rules for couples claiming pension credit is changing.
With the deadline for Britain’s exit from the EU looming and no plan in place, there is still a chance the UK could leave with no deal. Stuart Price, Partner and Actuary at Quantum Advisory, looks at how a no deal scenario could affect UK pensions.
The Department for Work and Pensions (DWP) has finally given the go ahead for the revolutionary pensions dashboard, with the first one expected to be introduced in the next 12 months.
In the wake of the hugely successful auto-enrolment workplace pension scheme, the National Employment Savings Trust (NEST) will be trialling a similar initiative to help workers save for a ‘rainy day’.
Matthew Tucker, Investment Analyst at Quantum Advisory, explains the latest of Brexit.
Around 50 pension and investment specialists attended Quantum Advisory’s latest industry update seminar “Pensions for Breakfast”.
Two Bristol University students have been awarded the Quantum Advisory Prize 2018 and share the title of best performing student on the accounting and finance undergraduate programmes.
Stuart Price, Partner and Actuary at Quantum Advisory has warned that workers today will never see the pension privileges afforded to those retiring this decade.
Ahead of Pension Awareness Day, Stuart Price from Quantum Advisory explains all you need to know about your pensions and how you can retire comfortably.
Stuart Price from Quantum Advisory explains why former steelworkers at Allied Steel and Wire are still not getting the pension they were promised and suggests what the Pension Protection Fund could do to resolve the situation.
Following the government’s announcement that if no Brexit deal is reached, UK pensioners living abroad in Europe or those with EU-pension entitlements may lose access to their pensions, Stuart Price looks into the likelihood of the scenario and what is being done about it.
Following a recent study reporting that more than half of millennials want to be educated about how to best save for their retirement, expert Stuart Price looks at what needs to be done to save the younger generation.
The Financial Conduct Authority (FCA) has joined forces with The Pensions Regulator (TPR) to launch a brand new advertising campaign helping to raise awareness of pension scams. The ScamSmart campaign is targeted at pension holders aged 45-65 – those most at risk of falling victim to such activity.
A Swansea University student has been awarded the Quantum Advisory Prize 2018 for the most original contribution to mathematics following his in-depth study into Black Holes.
Recent speculation suggests that the Secretary of State for Work and Pensions, Ester McVey, is looking to scrap the hugely anticipated pensions dashboard, set to launch next year. The proposal, applauded by the pensions industry, has been plagued by de …
Article attributed to Stuart Price, Partner and Actuary at Quantum Advisory. The date was set: April 2019. The revolutionary pensions dashboard would launch and everyone would be able to access and manage all their private pension arrangements in one p …
As the Government announces it will be examining the current tax relief system (26 JUNE), and even suggesting a complete overhaul if necessary, Stuart Price, Partner and Actuary at Quantum Advisory, looks into what may materialise from the review. Stua …
Stuart Price, Partner and Actuary at independent financial services consultancy Quantum Advisory, is calling for the £10,000 minimum wage cap for auto-enrolment to be scrapped.
Following the Bank of England’s widely anticipated decision to keep interest rates at the current level of 0.5% (10 May), Stuart Price, Partner and Actuary at Cardiff-based independent financial services consultancy Quantum Advisory, explains what the implications are for UK defined benefit pension schemes as prevailing market conditions continue to be a massive challenge for all key stakeholders.
The ongoing dispute between the University and College Union (UCU) and Universities UK (UUK) over the UUK’s proposal to end defined benefits in the Universities Superannuation Scheme (USS), this week saw members reject a possible deal and continue with strike action.
A Cardiff-based financial services business has added to its team bringing its total number of employees to over 100.
Quantum Advisory is inviting charity supporters to join them at a gala fundraiser at Celtic Manor, which was rescheduled because of last week’s extreme snow.
Since the introduction of auto enrolment in 2012, nine million people have been opted in to a workplace pension in the UK. Next month (April 2018) sees pension contributions increasing from the current 2%, to 5% made up of 3% from the employee and 2% from the employer. The following year this will grow to 5% and 3% respectively, totalling 8%.
The House of Commons’ Work and Pensions Committee report looking into the closure of the British Steel Pension Scheme (BSPS) has found that scheme members were not given enough information before being rushed into a decision.
Following the collapse of Carillion leaving a pension deficit of up to £900m, Theresa May has pledged to stop “executives who try to line their own pockets” at the expense of workers’ pensions.
Following the high profile separation of the British Steel Pension Scheme (BSPS) from Tata Steel, members were given the choice to either move their pension to a new British Steel Pension Scheme, do nothing and remain in the current scheme, which will eventually fall into the Pension Protection Fund (PPF), or transfer out. Now the December deadline has passed, it has been reported that of those BSPS members who took advice, a third of them were given poor advice and subsequently the Financial Conduct Authority is investigating 17 companies.
With the news that construction giant Carillion has gone into liquidation with a pension deficit of nearly £1bn, Stuart Price, Partner and Actuary at Quantum Advisory, explains what will likely happen to the 28,500 employees who have a pension with the collapsed company.
Following the high profile restructuring of the British Steel Pension Scheme (BSPS) in August, it is being reported that Port Talbot steelworkers are being targeted by fraudsters and rogue financial advisors to hand over their pension pots. The BSPS Trustees have said that since March, it has already completed 700 transfers, with many more in the pipeline as many members want to take control of their pension entitlement.
Pensions experts have been predicting that the Government will reform the current tax relief system and it was widely expected that this would be announced in today’s budget. However, with Brexit quite rightly at the forefront of Philip Hammond’s speech, pensions were nowhere to be seen.
As it becomes increasingly likely that the Government will reform the current tax relief system, either in the up and coming Budget or in the not too distant future, Stuart Price, Partner and Actuary at Quantum Advisory in Cardiff, looks into the options and possible repercussions.
The latest figures from the Office for National Statistics (ONS) have revealed a record number of people in the UK are now saving for retirement.
The government has stepped up its measures to prevent pension scams by including emails and text messages in its impending cold-calling ban.