Retirement
Retirement | 10 Apr 15
FOS upholds four new Harlequin complaints
The Financial Ombudsman Service (FOS) has upheld complaints from four individuals who claimed they had been given “unsuitable advice” to transfer their pension savings into troubled overseas investment scheme, Harlequin.
Retirement | 8 Apr 15
CII launches new pension reform programme
The Chartered Insurance Institute (CII), a leading professional organisation for the insurance and financial services sector, has launched a new programme to help financial planners get up to date with the latest UK pension reforms.
Retirement | 8 Apr 15
Cash drawdown favoured option in UK pension reforms
Major UK pension providers have reported a surge in customer inquiries following the new rules governing access to their savings with most seeking to drawdown some of their cash.
Retirement | 7 Apr 15
Budget kick-starts annuity sales market
The UK Government’s final Budget before the country takes to the polls in the general election in May revealed plans to extend pension reforms to allow existing annuity holders to sell their contracts from 2006.
Retirement | 7 Apr 15
QROPS questions linger following pension reforms
Leading QROPS providers have outlined concerns including doubts around the benefits of 100% lump sum withdrawals in the wake of the UK pension reforms, after the schemes were denied full flexibility in a U-turn by HM Revenue & Customs.