Retirement
Retirement | 1 Apr 16
‘Market always sets the price’ on Qrops fees
Isle of Man-based pensions provider Boal & Co’s recent lowering of its Qrops fees is not indicative of an industry-wide shift that would see the cost of Qrops fall.
Retirement | 30 Mar 16
Almost £6bn withdrawn after UK pension reform, reports ABI
Nearly £6bn ($8.6bn, €7.6bn) has been paid out of UK pensions since reforms came into effect in April last year, according to the latest figures published by the Association of British Insurers (ABI).
Retirement | 24 Mar 16
Two thirds of UK pensioners to retire early this year
Nearly two thirds of UK seniors planning to retire this year are doing so earlier than their state pension age or before their company pension retirement date, according to new research published by Prudential.
Retirement | 24 Mar 16
Retirees shun Lamborghinis, taking just £25k from pensions
The average full withdrawal from pension pots since UK rule changes came into effect in April 2015 was just under £25,000 ($35,346, €31,673), new research by online investment platform AJ Bell shows.
Retirement | 23 Mar 16
UK pension advisers ‘caught out’ by unexpected Sipp charges
More than a third of pension advisers in the UK admit that they have been ‘caught out’ by unexpected charges on self-invested personal pension (Sipp) wrappers, research by retirement specialists Momentum Pensions shows.