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Pension

UK Gov’t to tighten salary rules to enforce pension taper

Tax & Regulation | 16 Jul 15

UK Gov’t to tighten salary rules to enforce pension taper

The UK Government plans to tighten rules around salary payments to enforce new rules governing annual tax free pension contribution allowances for high earners.

ABI: Pension freedoms see savers withdraw £1.8bn in two months

Retirement | 15 Jul 15

ABI: Pension freedoms see savers withdraw £1.8bn in two months

British pension savers have withdrawn more than £1.8bn from their pension pots in the first two months since the start of the freedoms, new figures revealed.

Aberdeen AM hires former MP to new pensions role

People Moves | 14 Jul 15

Aberdeen AM hires former MP to new pensions role

Aberdeen Asset Management has hired the former UK shadow pensions minister Gregg McClymont to fill a new role as head of retirement savings.

Axa UK signs deal to protect DB plan from longevity risk

Industry | 14 Jul 15

Axa UK signs deal to protect DB plan from longevity risk

Axa UK’s group pension scheme has closed a deal with the Reinsurance Group of America (RGA) to cover the longevity risk in its defined benefit pension plan.

Majority of QROPS transfer requests are a scam, warns Aegon

Retirement | 13 Jul 15

Majority of QROPS transfer requests are a scam, warns Aegon

Aegon has warned that 80% of the requests it has received for transfers into qualifying recognised overseas pension schemes (QROPS) are designed to swindle savers out of their pension pots.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.