Retirement
Best Practice | 22 Aug 17
Qrops transfer rights secured but specialist advice essential
The UK government’s decision to make pension transfers into recognised overseas schemes a statutory right has been welcomed by the industry, but experts caution that advisers will need real expertise to ensure clients don’t fall victim to scams.
Retirement | 21 Aug 17
Government revives pensions cold calling crackdown
IFAs have not unanimously welcomed the UK Government’s revived and extended plans for a ban on pension cold calling, announced Monday as part of a raft of measures to tackle pension scams.
Retirement | 21 Aug 17
UK retirement income down 46% since the financial crash
People retiring now must cope with pension income that is 46% lower than they could have expected had they retired immediately before the global financial crisis, analysis from Fidelity International has found.
Retirement | 9 Aug 17
Sharp rise in UK advice firms providing pension transfers
There has been a 17% increase in the number of UK financial advice firms with regulatory permission to conduct defined benefit (DB) pension transfers over the past financial year, as demand from clients continues to rise.
Retirement | 8 Aug 17
Trust in pension advice being destroyed warns advice firm boss
The public’s trust in pension advice is being destroyed by “so-called industry experts”, the boss of retirement advice firm UK Workplace Solutions has warned.