Retirement
Offshore Bonds | 20 May 15
Pension reforms give Old Mutual Wealth sales a lift
The UK pension reforms have caused the demand for financial advice to rise significantly, according to Old Mutual Wealth.
Retirement | 5 May 15
Defined benefits pension enquiries soar, says Mercer
Global consultancy firm, Mercer, has seen a 60% increase in the number of people wanting to know the value of their defined benefits (DB) pension scheme, driven by the introduction of the UK pension reforms on 6 April.
Retirement | 24 Apr 15
UK annuity rates drop to ‘all-time low’
Standard annuity rates have fallen to an all-time low, just three weeks after the new UK pensions regime came into force.
Retirement | 14 Apr 15
Gov’t urged to protect ‘insistent’ consumers against DB pension transfers
The Personal Finance Society has written to the UK Government calling for increased protection for clients who insist on cashing in their pensions against the advice of a financial adviser.
Cashing in pension pots dominates UK calls
Canada Life said about 75% of the customer calls it has received since the UK pension reforms came into effect on 6 April have been from individuals who want to cash in their pension pots.