Retirement
43% of Brits over 55 unaware of tax-free pension rules
Retirees need to consider ‘key things’ before they take their lump sum
42% of Brits want to leave the UK when they retire
But over a third do not know exactly how much money is in their pension
Ex-TPR director calls for change in DB transfer advice rules
David Fairs wants a ‘much smoother process’
UK-headquartered retirement savings platform acquires US firm
Deal takes its assets under management to over £8bn
12% fall in pension transfer activity
It has decreased to its lowest level in nine months