Pension Freedoms
Retirement | 5 Apr 16
Risks and advice for transferring UK pension pots
Advising clients on transferring their pension pots out of UK schemes is fraught with risks for a financial adviser. Paul Evans, chief executive of pension product provider IVCM gives his take on the latest rules and regulations and the key issues for adviser to take into account.
Retirement | 30 Mar 16
Almost £6bn withdrawn after UK pension reform, reports ABI
Nearly £6bn ($8.6bn, €7.6bn) has been paid out of UK pensions since reforms came into effect in April last year, according to the latest figures published by the Association of British Insurers (ABI).
Retirement | 24 Mar 16
Retirees shun Lamborghinis, taking just £25k from pensions
The average full withdrawal from pension pots since UK rule changes came into effect in April 2015 was just under £25,000 ($35,346, €31,673), new research by online investment platform AJ Bell shows.
Tax & Regulation | 7 Mar 16
Budget changes to UK pension system still possible
The UK chancellor George Osborne’s widely reported decision to abandon plans to shake up the pension taxation in this month’s budget still leaves room for tinkering with the pensions system, analysts said.
Tax & Regulation | 5 Mar 16
UK’s Osborne scraps plan for budget pension tax changes
The UK chancellor George Osborne has abandoned plans to shake up the pension tax system in this month’s budget after pressure from Conservative MPs, according to media reports.