Retirement

Retirement | 27 Mar 15

Very shortly, members of private pensions will be able to enter flexible drawdown. Much speculation in the press has surrounded the possibility that people will encash their pensions and spend all their savings leaving them reliant on the state to fund their future, but in reality, will this really happen?

Retirement | 23 Mar 15

The UK’s financial watchdog has warned consumers to look out for a surge in pension scams as next month sees the introduction of full flexibility on retirement pots.

Retirement | 18 Mar 15

The UK government is planning to cut the lifetime limit for tax-free pension saving to £1m from £1.25m, along with a series of measures designed to trigger a savings revolution.

Retirement | 18 Mar 15

The UK government will remove tax restrictions on people who want to sell the income stream from an existing annuity from 6 April next year, effectively giving them similar freedoms as those soon to be enjoyed by those in defined contribution savings plans.

Retirement | 17 Mar 15

Purpose-built care homes are a future-proof and compelling investment sector, driven by the UK’s ageing and changing population, said the founder of asset management firm, Target Advisers.