United Kingdom
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Osborne reveals £1bn withdrawn since UK pension reforms
Thousands of UK savers have collectively withdrawn more than £1bn from their pension pots after new freedoms were introduced in April.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.
Retirement | 16 Jun 15
Australian QROPS exodus expected as HMRC suspends pensions list
HM Revenue & Customs will suspend its overseas pension list from tomorrow, with experts predicting that QROPS based in Australia and other jurisdictions will be absent when it returns next month.
United Kingdom | 16 Jun 15
Amundi appoints deputy CIO
Effective as of 15 June, Mortier will support CIO Pascal Blanqué in maintaining Amundi’s existing investment strategy, as well as taking up a seat on the firm’s executive committee.