Retirement
Fund industry chief backs pan-EU pension product
Luxembourg fund bosses are still hopeful of concrete progress this year on a single cross border pension product in the EU.
Best Practice | 29 Jan 18
Petition to scrap 25% Qrops charge launched
A petition has been set up to get the UK Government to scrap the “unfair” and “discriminatory” 25% charge on qualifying recognised overseas pension scheme (Qrops) transfers.
Alzheimer’s sufferer ruled fit to marry but not update his will
A woman whose father has dementia has failed to get the England and Wales Court of Protection to stop him from being able to remarry, which will substantially reduce her inheritance after his death.
Best Practice | 26 Jan 18
UK Govt backs down on pension freedoms ‘auto guidance’ plans
The UK Government has removed an amendment to the Financial Guidance and Claims Bill, that would have required people taking benefits under the pension freedoms or transferring benefits to be automatically enrolled into guidance.
Best Practice | 24 Jan 18
Pension freedoms withdrawals hit fresh low
Withdrawals under the pension freedoms have hit an all time low, reducing the need for emergency regulation or government intervention, an industry expert says.