Retirement
Expected UK retirement income up for third year in a row
Those in the UK planning to retire in the next 12 months expect to receive an annual income that is 4% higher than their peers who planned to retire in 2015, according to Prudential.
Investment | 11 Jan 16
Customers take action over lifetime allowance reduction
Calls from customers on changes to the lifetime tax allowance (LTA) increased fourfold in the second half of 2015, according to Fidelity International (FI), as consumers start to take action ahead of the April deadline.
Retirement | 7 Jan 16
FCA reports 13% drop in consumers accessing UK pension pots
The Financial Conduct Authority (FCA) has published its latest quarterly data on how consumers accessed their pensions in the period from the beginning of July to the end of September 2015. The sample of firms in the survey covers an estimated 95% of defined contribution (DC) contract-based pension schemes. Please click on the pictures below to see the findings.
Retirement | 28 Dec 15
UK Qrops scheme closures rock the IFA industry in 2015
The decision by HM Revenue & Customs (HMRC) to drop thousands of Qrops from its list of recognised overseas pension schemes was one of the biggest stories of 2015.
Retirement | 23 Dec 15
Top five challenges to affect UK advisers in 2016
Clapton Consultants, a chartered accountancy practice supporting small IFAs, gives its view of the top five challenges facing the sector in 2016.