Retirement
Italy lures retired foreigners with low tax regime
Spoiled for choice – Italian government offers prospective residents sun, good food and low taxes
OMI’s Denton warns of pension transfer specialist decline
High cost and lack of availability of PI cover, more Sipp complaints and FCA scrutiny are big factors
Poorer pensioners gambling most with pension freedoms
Nearly 50% jump in high-value annuity sales, while low value annuities plummet by over 25%
Cost of bad pension transfer advice doubles in two years
Exclusive data from the FSCS shows £40m was paid in 2018, up from £20m in 2016
19 firms stop giving pension transfer advice in the UK
Nearly 5,000 transfers were carried out in four years, but this ‘is not surprising’ expert says