Retirement
Retirement | 28 Jul 16
Money taken out of UK pensions more than doubles, says HMRC
The amount of money savers are taking out of their pensions has more than doubled in the three months to 30 June compared to the first quarter of the year, latest figures published by the UK’s tax office show.
Brooklands appoints administrator, Heritage takes over Sipps
Brooklands Trustees, an FCA authorised Sipp provider, has gone into administration and sold its assets to Heritage Pensions, according to a note to clients from the new administrator Duff and Phelps.
Retirement | 25 Jul 16
Brexit could see 30% of older savers change retirement plans
Around a third of people in the UK approaching retirement are looking to change their financial plans as a result of the Brexit vote, research by UK insurer Prudential suggests.
Retirement | 18 Jul 16
The UK property downsizing pension delusion
Up to three million people of working age in the UK who plan to use the value of their home to fund their retirement could be headed for a shock, says Royal London.
Retirement | 18 Jul 16
Aviva launches face-to-face adviser service in the UK
Aviva will have an in-house team of advisers offering face-to-face pensions and retirement advice to customers in the UK by the end of the year.