Retirement
Retirement | 18 Mar 15
Tax free lifetime allowance cut to £1m
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 govt creates secondary annuities market
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
Care home REITs are a future-proof sector
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.
Hansard Intl forms to guide advisers
Life assurance company Hansard International has announced plans to form a strategic partnership with specialist consultancy The QROPS Bureau in order to assist financial advisers using Qualifying Recognised Overseas Pensions Schemes.
Retirement | 12 Mar 15
Annuity resale plans reportedly in discussion
Millions of UK pensioners may be granted the ability to sell their existing annuities for cash as ministers serious consider introducing the flexibility in next weeks Budget, the Financial Times reports.