Pension Freedoms

Best Practice | 2 Jun 16

Some form of state-provided consumer protection covering financial products is needed to overcome the “advice gap” in the UK, says Simon Willoughby, head of Proposition for Axa Wealth International.

Retirement | 13 May 16

A group of British politicians has warned that the pension freedoms, which came into effect in April last year, are a “potential trigger for future mass mis-selling”.

Retirement | 6 May 16

The UK appears to be taking their retirement a bit more seriously, with 12% of the population now on track for the retirement they aspire to have, up from 7% in April 2015, according to Aegon UK.

Tax & Regulation | 20 Apr 16

New rules proposed by the UK tax office for a planned secondary annuity market, expected to open in April 2017, will allow more people to participate than previously expected, experts said.

Retirement | 6 Apr 16

Changes to UK pension rules, implemented a year ago, have boosted the retirement confidence of over a third (34%) of those retiring in 2016. As a result, nearly a third (31%) are more likely to seek financial advice, indicating a future win for retirement planners.