Expert urges pension rethink as UK sales slide

Expert urges pension rethink as UK sales slide...

Sales of personal pensions fell by 6.8% in the second quarter of this year as a leading tax expert urges the UK government to do more to get the country’s retirement savings "back on track".

Published : 14, Oct 2016
UK savers taking ‘unsustainable’ rate of cash from pensions

UK savers taking ‘unsustainable’ rate of cash...

Almost half of British savers withdrawing money from their pensions may be doing so at an unsustainable rate, according to analysis by asset manager Schroders.

Published : 19, Aug 2016
Money taken out of UK pensions more than doubles, says HMRC

Money taken out of UK pensions more than doubles,...Lock icon

The amount of money savers are taking out of their pensions has more than doubled in the three months to 30 June compared to the first quarter of the year, latest figures published by the UK’s tax office show.

Published : 28, Jul 2016
UK should apply brakes on further tax reform, OMW says

UK should apply brakes on further tax reform,...

Old Mutual Wealth is calling on the UK government to halt any further plans for pension reform despite a recent survey by the life insurer suggesting that changes to tax relief would not discourage retirement saving.

Published : 20, Jul 2016

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