Pension Freedoms
Retirement | 15 Jul 15
ABI: Pension freedoms see savers withdraw £1.8bn in two months
British pension savers have withdrawn more than £1.8bn from their pension pots in the first two months since the start of the freedoms, new figures revealed.
People Moves | 14 Jul 15
Aberdeen AM hires former MP to new pensions role
Aberdeen Asset Management has hired the former UK shadow pensions minister Gregg McClymont to fill a new role as head of retirement savings.
Retirement | 13 Jul 15
Majority of QROPS transfer requests are a scam, warns Aegon
Aegon has warned that 80% of the requests it has received for transfers into qualifying recognised overseas pension schemes (QROPS) are designed to swindle savers out of their pension pots.
Tax & Regulation | 8 Jul 15
UK gov’t to cut pension allowances for high income earners
The UK government will begin to reduce pension annual allowances for those on incomes of over £150,000 from April next year, the chancellor George Osborne announced in his Summer Budget.
Retirement | 1 Jul 15
Providers ‘still struggle’ with pension freedom demands
Sectors of the UK pensions industry are “still struggling” to meet customer demands nearly three months after the new freedoms were introduced, FCA figures have revealed.