Retirement
£3.4bn in property wealth released in 2020
Money was mostly used to boost financial resilience or make gifts to family
20% drop in pension transfers but half still trigger red flags
December was the worst month of 2020 with three-quarters of transfers giving cause for concern
Defaqto unveils drawdown tool
It ‘provides a step-change in the right direction for advisers with clients in the decumulation phase’
UK passes Pension Schemes Bill
Dashboard caused friction between house of commons and the lords
Are UK pension savers missing out on £140,000?
This would give people an additional four years of ‘comfortable retirement’, says Quilter

