Retirement
Retirement | 30 Jul 15
UK Gov’t outlines defence against ‘excessive’ pension exit fees
The UK Government has proposed three solutions to combat “excessive” early exit charges on pension schemes following fears they are restricting access to the new retirement flexibilities.
Retirement | 30 Jul 15
Life companies recommend trusts after UK disinheritance case
The case of a woman who secured £164,000 from her mother’s will despite being excluded from it has led the life industry to recommend trusts as a more secure way to distribute wealth upon death.
Retirement | 29 Jul 15
Concept Group challenges Aegon pension fraud report
International pension provider, Concept Group, has hit back at a recent report from Aegon, which claimed that 80% of overseas pension transfer requests were fraudulent.
Retirement | 29 Jul 15
Gov’t considers scrapping ‘regressive’ HNWI pension relief
UK pensions minister Ros Altmann has confirmed that the Government is considering the abolishment of the remaining “regressive” pension tax relief for high earners after slashing the benefits in last month’s Budget.
Retirement | 15 Jul 15
Overseas advisers offered access to support on DB transfers
QROPS provider Sovereign has teamed up with Alexander Beard to give overseas advisers access to the FCA-regulated advice now required for transfers out of defined benefit schemes.