{"id":43359,"date":"2014-03-27T20:30:47","date_gmt":"2014-03-27T13:30:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-charges-capped-at-0-75\/"},"modified":"2017-02-08T17:37:12","modified_gmt":"2017-02-08T10:37:12","slug":"pension-charges-capped-at-0-75","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-charges-capped-at-0-75\/","title":{"rendered":"Pension charges capped at 0.75%"},"content":{"rendered":"


\nGovernment announces cap with effect from April 2015, a move that could spare savers fees worth up to \u00a3200m a yearFees for managing pension pots will be capped at 0.75% from next year, following concerns that rip-off charges have been eroding the value of savings.Steve Webb, the Lib Dem pensions minister, said the government would put pension charges in a vice and keep squeezing until there was a “full standardised disclosure of all costs and changes”. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Pension charges capped at 0.75%<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Government announces cap with effect from April 2015, a move that could spare savers fees...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-43359","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-bhl","jetpack-related-posts":[{"id":14464,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-exit-charges-to-be-capped-at-1-under-fca-proposals\/","url_meta":{"origin":43359,"position":0},"title":"Pension exit charges to be capped at 1% under FCA proposals","date":"May 26, 2016","format":false,"excerpt":"\r Regulator wants to limit charges for people cashing in pots before retirement age, and ban exit fees in future pension contractsThe Financial Conduct Authority has proposed a 1% cap on exit charges for people cashing in their pensions before retirement age along with a ban on exit fees in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-exit-fees-capped-at-1\/","url_meta":{"origin":43359,"position":1},"title":"Pension exit fees capped at 1%","date":"November 15, 2016","format":false,"excerpt":"\r Over-55s wishing to cash in their workplace or personal pension pots early will pay a maximum of 1% in charges from 2017Some older workers should see a big fall in the fees they pay to access their company pension cash after the government announced plans to cap charges.Ministers are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1969,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rip-off-pension-exit-fees-will-be-capped-says-george-osborne\/","url_meta":{"origin":43359,"position":2},"title":"'Rip-off' pension exit fees will be capped, says George Osborne","date":"January 19, 2016","format":false,"excerpt":"\r Government announces plan for financial regulator to cap \u2018prohibitive\u2019 charges levied on savers who wish to cash in pension potsThe government has announced plans to cap the \u201crip-off\u201d exit charges levied on savers who opt to cash in their pension pots as a result of the pension freedoms introduced\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16064,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savers-paying-up-to-10-to-cash-in-pension-pots\/","url_meta":{"origin":43359,"position":3},"title":"Savers 'paying up to 10%' to cash in pension pots","date":"June 10, 2016","format":false,"excerpt":"\r Citizens Advice says 41% of people who want to access their cash are charged a fee, and those with smallest pots hit hardestAbout 160,000 people have had to pay fees to access their pensions since new freedoms were introduced, with some seeing more than 10% of their retirement pot\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34726,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/where-to-buy-the-must-have-xmas-toys-plus-the-power-to-reduce-energy-bills\/","url_meta":{"origin":43359,"position":4},"title":"Where to buy the must-have Xmas toys, plus the power to reduce energy bills","date":"November 17, 2016","format":false,"excerpt":"\r Also, pension exit fees are capped and how payday loan firms hound vulnerable borrowersHello and welcome to this week\u2019s Money Talks \u2013 a roundup of the week\u2019s biggest stories and some things you may have missed. Continue reading...\r \r Source : theguardian.com\r Read more...Where to buy the must-have Xmas\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76474,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ground-rent-we-feel-like-prisoners-in-our-own-home\/","url_meta":{"origin":43359,"position":5},"title":"Ground rent: \u2018We feel like prisoners in our own home\u2019","date":"January 13, 2018","format":false,"excerpt":"\r High charges have left young homebuyers trapped \u2013 and the John Lewis pension fund has been accused of playing a roleThousands of young homebuyers remain trapped in virtually brand-new homes made unsaleable by spiralling ground rents and abandoned by developers such as Taylor Wimpey, despite a ban on the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43359"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=43359"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43359\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=43359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=43359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=43359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}