Retirement

Retirement | 5 Sep 16

With no date set for new UK chancellor Philip Hammond’s autumn statement, and no hints as to what it will contain, the financial services industry will continue treading water, said Jon Gwinnett, pensions technical manager at Nucleus.

Best Practice | 5 Sep 16

Fewer than a fifth (17%) of UK advisers think that clients who feel squeezed keeping up with bills and repayments would put any extra money towards their pension savings, research from Royal London has found.

Best Practice | 31 Aug 16

The UK Treasury has set out plans to allow savers to take out £500 ($654, €586) from their retirement pots tax free to help pay for financial advice in a bid to plug the ‘advice gap’ following the pension freedoms.

Retirement | 30 Aug 16

More than half of financial advisers (53%) in the UK expect an increase in the number of clients specifically seeking Brexit-related financial planning advice, research from Prudential shows.

Retirement | 26 Aug 16

British savers are being hit with unexpected tax bills after taking money out of their pension pots, research by the Citizens Advice Bureau has found as the charity calls on the government to improve access to financial advice.