Retirement
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.
Retirement | 17 Jun 15
Osborne reveals £1bn withdrawn since UK pension reforms
Thousands of UK savers have collectively withdrawn more than £1bn from their pension pots after new freedoms were introduced in April.
Retirement | 17 Jun 15
Advisers told to delay QROPS transfers as HMRC suspends list
Advisers have been “strongly advised” to exercise caution around QROPS transfers until HMRC lifts its suspension of the overseas pensions list, with the Revenue suggesting that schemes will be missing upon its return.
Retirement | 16 Jun 15
Australian QROPS exodus expected as HMRC suspends pensions list
HM Revenue & Customs will suspend its overseas pension list from tomorrow, with experts predicting that QROPS based in Australia and other jurisdictions will be absent when it returns next month.