Retirement
Best Practice | 15 Nov 16
UK providers forced to cap early exit pension charge at 1%
The UK’s Financial Conduct Authority (FCA) and Department for Work and Pensions are to impose a 1% early exit charge cap on existing personal pensions and occupational schemes from 31 March next year.
Retirement | 10 Nov 16
Long-term care needs expected to drive demand for UK advice
Advisers in the UK are set to be inundated with work planning for long term care needs of savers, a new survey by Just Retirement Partnership suggests.
Best Practice | 7 Nov 16
UK government urged to scrap pensions triple-lock
The UK’s pension triple-lock will “worsen the economy”, is “heavily skewed” towards baby boomers, and should be scrapped, according to the Commons Work and Pensions Committee.
Sovereign Group cuts fees on Rops
International pensions provider Sovereign Group has removed ‘ad hoc’ transactional fees from all its new and existing recognised overseas pensions scheme (Rops) products.
Best Practice | 3 Nov 16
New pension transfers qualification launched by the CII
The UK’s Chartered Insurance Institute (CII) has launched a new pension transfers qualification to support those seeking to provide specialist advice, both domestically and internationally.