Pension
London & Colonial launch flexible SIPP product
Independent financial services group London & Colonial has launched a new flexible SIPP which gives savers greater choice of investments and more drawdown options.
AILO guide to cross-border life assurance policies
The Association of International Life Offices (AILO) has launched a free guide on investing in cross border life assurance policers to help individuals approaching retirement age make decisions about how to use their pension pots.
Cashing in pension pots dominates UK calls
Canada Life said about 75% of the customer calls it has received since the UK pension reforms came into effect on 6 April have been from individuals who want to cash in their pension pots.
Retirement | 10 Apr 15
FOS upholds four new Harlequin complaints
The Financial Ombudsman Service (FOS) has upheld complaints from four individuals who claimed they had been given “unsuitable advice” to transfer their pension savings into troubled overseas investment scheme, Harlequin.
Retirement | 8 Apr 15
Cash drawdown favoured option in UK pension reforms
Major UK pension providers have reported a surge in customer inquiries following the new rules governing access to their savings with most seeking to drawdown some of their cash.