Pension Freedoms
Retirement | 24 Jun 15
Low-cost pension planning services launched to fill ‘advice gap’
Free and low-cost pension support services have taken off as more UK consumers look for alternatives to traditional financial advice and the governmental initiative, Pension Wise.
Retirement | 17 Jun 15
Osborne reveals £1bn withdrawn since UK pension reforms
Thousands of UK savers have collectively withdrawn more than £1bn from their pension pots after new freedoms were introduced in April.
Tax & Regulation | 15 Jun 15
UK gov’t minister warns pension providers to increase reform efforts
Britain’s Work and Pensions Minister Iain Duncan Smith has warned the pension industry to stop dragging its feet over implementing the government’s reforms, which came into effect on 6 April.
Retirement | 9 Jun 15
Advisers needing pension transfer qualification triples
The number of UK financial advisers requiring a specialist pension transfer qualification to give advice on transfers is expected to jump significantly as more people make use of the new freedoms.