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Pension

Osborne reveals £1bn withdrawn since UK pension reforms

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Osborne reveals £1bn withdrawn since UK pension reforms

Thousands of UK savers have collectively withdrawn more than £1bn from their pension pots after new freedoms were introduced in April.

Royal London calls for more affordable financial advice

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.

The dangers of robo-advice

Profiles & Comment | 16 Jun 15

The dangers of robo-advice

Clients should see the value in professional financial advice now more than ever, yet there seems to be increasing options for a client to go direct to platform with their investments. Are advisers now competing with online robots and electronic decision trees?

Australian QROPS exodus expected as HMRC suspends pensions list

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.

UK gov’t minister warns pension providers to increase reform efforts

Tax & Regulation | 15 Jun 15

UK gov’t minister warns pension providers to increase reform efforts

Britain’s Work and Pensions Minister Iain Duncan Smith has warned the pension industry to stop dragging its feet over implementing the government’s reforms, which came into effect on 6 April.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

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.