Retirement
Retirement | 22 Jun 15
Industry figures assess ABI plan to cull pension advice safeguards
Senior industry figures have agreed that the regulatory and legal requirements around the new pension freedoms pose a problem for policyholders, but are split on the ABI urging the UK Government to scrap paid advice for those with guaranteed annuity rates.
Retirement | 22 Jun 15
HMRC confirms rules around QROPS list suspension
HM Revenue & Customs has confirmed that transfers made after 6 April 2015 into QROPS that are no longer featured on its overseas pensions list when it returns from suspension will not be tax-free.
Retirement | 22 Jun 15
ABI urges UK Gov’t to scrap pension advice safeguards
The Association of British Insurers (ABI) has urged the UK government to drop the need for pension holders with guaranteed annuity rates to pay for advice.
Retirement | 18 Jun 15
Liberation schemes are biggest pension scam perpetrator
The vast majority of pension fraud cases reported in the UK last year were linked to fake pension liberation schemes, new figures reveal.
Retirement | 18 Jun 15
ABI slams Osborne after he announces exit fee inquiry
The Association of British Insurers (ABI) has criticised the UK Government’s handling of the new pension freedoms after chancellor George Osborne announced his plan to conduct a consultation on “excessive” exit fees.