Pension
Investment | 6 May 15
Australia and New Zealand QROPS risk HMRC delisting
Overseas pensions in Australia and New Zealand could lose QROPS status after a letter sent by HM Revenue & Customs forced all schemes to ensure that policyholders can only access benefits before the age of 55 in the same circumstances as a UK pension.
Retirement | 5 May 15
Defined benefits pension enquiries soar, says Mercer
Global consultancy firm, Mercer, has seen a 60% increase in the number of people wanting to know the value of their defined benefits (DB) pension scheme, driven by the introduction of the UK pension reforms on 6 April.
United Kingdom | 28 Apr 15
Pensions advisers slapped with £100m FSCS levy
UK-based life and pensions advisers are going to be hit with an annual levy that will almost double what was forecast in the Financial Services Compensation Scheme’s plan and budget.
New independent advisory firm launches
A group of City heavyweights with a track record in pensions and institutional investment has launched a new financial advisory firm called City Noble, which aims to deliver impartial advice to trustees and institutional investors.
Retirement | 24 Apr 15
UK annuity rates drop to ‘all-time low’
Standard annuity rates have fallen to an all-time low, just three weeks after the new UK pensions regime came into force.