Pension Freedoms
Retirement | 17 Jul 18
Pension freedoms pioneering spirit is at risk
With what clients think is fair to pay firmly at odds with the risks IFAs now associate with advising on pension transfers, have the pensions freedoms lost their way?
Alternatives | 2 Jul 18
What if a freedoms pensioner had bought a Lambo?
Grey-haired hell-raisers tearing round Britain in Lamborghinis is the abiding image of UK pensions freedoms reforms but what if a pensioner had invested in an Italian sports car in 2015?
Where has £17.5bn of pension freedoms money gone?
About £3bn ($3.9bn, €3.4bn) that has been flexibly withdrawn from UK pensions is currently sitting in low yield bank accounts, with investors facing the “double jeopardy” of tax on withdrawals and low returns, according to research by AJ Bell.
Retirement | 21 May 18
Old Mutual sees 25% growth in DB pension transfers by 2028
Old Mutual Wealth is predicting defined benefit pension transfers will accelerate, with an estimated 25 to 30% of those eligible switching out of their schemes in the next 10 years.
Pension freedoms fraud a major concern for over-55s
One in three people over the age of 55 say the risk of being defrauded is a major concern following the introduction of the pension freedoms in April 2015, according to research from Prudential.