United Kingdom
United Kingdom | 18 Jun 15
Legal & General plans office reshuffle
Multinational financial services firm, Legal & General, is planning to restructure the company in a bid to improve the efficiency of the business.
Tax & Regulation | 17 Jun 15
UK gov’t steps up reform pressure on pension industry
The British Government has announced plans to strengthen the ability of savers to access their pension pots and tackle any unjustifiable exit fees thrown up by pension providers.
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Osborne reveals £1bn withdrawn since UK pension reforms
Thousands of UK savers have collectively withdrawn more than £1bn from their pension pots after new freedoms were introduced in April.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.
United Kingdom | 17 Jun 15
Royal London calls for more affordable financial advice
The need for affordable financial advice in the UK for savers who want to cash in medium-sized pension pots has intensified, said Royal London.