Retirement
Retirement | 17 Sep 15
FCA reveals disparity in pension exit fees
Nearly 150,000 consumers will face pension exit charges of more than 5%, according to a report this week from the Financial Conduct Authority.
Retirement | 17 Sep 15
Tax advice set to surge post-pension freedoms
Specialist tax advice looks set to be the biggest area for adviser business growth as pension freedoms takes effect and retirement planning becomes more complex, according to recent research by Prudential.
Retirement | 16 Sep 15
Income drawdown lost clients £160m post pension freedoms
Clients wishing to move from QROPS into a UK-based scheme to take advantage of pension liberation should take heed before rushing into income drawdown.
Retirement | 16 Sep 15
Australia QROPS in ‘strong demand’ as more join HMRC list
Three more Australia-based pension schemes have been added to HM Revenue & Customs’ list of recognised overseas pension schemes (ROPS), but no publicly available ROPS are yet included.
Retirement | 8 Sep 15
Failed pension transfers rising due to IFA ignorance
The number of pension transfers being rejected by providers is increasing as financial advisers are unaware of the permissions they need to authorise transactions, according to a retirement planning specialist.