Pension

Retirement | 8 Jun 15

The UK’s financial watchdog has published a paper outlining whether an adviser would be liable for losses when dealing with clients who insist on taking action against their advice.

Products | 8 Jun 15

Annuities are expected to see enduring demand in the UK despite the pension reforms in April, though most financial advisers forecast that drawdown products will become the more popular retirement option, according to new research from Canada Life.

Retirement | 4 Jun 15

Insurance giant, Friends Life, has apologised after U-turning on its decision to offer new pension flexibilities to thousands of UK customers.

Retirement | 4 Jun 15

Gibraltar QROPS operators could see their responsibilities as a trustee extend to include the due diligence of overseas financial advisers and the risk classification of policyholders in their schemes, under proposals from the jurisdiction’s regulators.

Life | 3 Jun 15

Malta-based Elmo Pensions, a subsidiary of Elmo Insurance, has launched what it believes to be “one of the first” QROPS to offer full flexibility in line with the UK pension reforms.