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Retirement

Life companies recommend trusts after UK disinheritance case

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.

Concept Group challenges Aegon pension fraud report

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.

Gov’t considers scrapping ‘regressive’ HNWI pension relief

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.

Overseas advisers offered access to support on DB transfers

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.

ABI: Pension freedoms see savers withdraw £1.8bn in two months

Retirement | 15 Jul 15

ABI: Pension freedoms see savers withdraw £1.8bn in two months

British pension savers have withdrawn more than £1.8bn from their pension pots in the first two months since the start of the freedoms, new figures revealed.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.