Retirement
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.
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British pension savers have withdrawn more than £1.8bn from their pension pots in the first two months since the start of the freedoms, new figures revealed.
Retirement | 13 Jul 15
Majority of QROPS transfer requests are a scam, warns Aegon
Aegon has warned that 80% of the requests it has received for transfers into qualifying recognised overseas pension schemes (QROPS) are designed to swindle savers out of their pension pots.
Retirement | 13 Jul 15
Momentum Pensions secures majority stake in SIPP business
QROPS provider Momentum Pensions Group has raised its stake in UK Self Invested Personal Pension business, Momentum Pensions Ltd (MPL), to 80%.