United Kingdom
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.
Tax & Regulation | 8 Apr 15
Labour threatens to scrap ‘non-dom’ tax regime
The UK’s non-domicile tax regime could be abolished if the Labour party comes to power in May, but experts claim this would be a “disaster” for the UK economy.
Investment | 7 Apr 15
Advisers set to be the biggest losers in digital revolution
Independent financial advisers in the UK and wealth managers on the continent are likely to be the biggest losers in the current “digital revolution”, according to new research.
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.
Investment | 7 Apr 15
Pension trustees to check adviser credentials on DB transfer advice
Advisers now have to provide pension trustees with details of any transfer advice they give to members of defined benefit pension schemes, according to final guidance by the UK’s pension regulator.