Pension
Retirement | 7 Jan 15
Risk managed funds to lead retirement income
Published on 7 January, the report showed that 34% of 200 financial advisers polled in October 2014 predicted that risk-managed funds will usurp the traditional annuity as the market forerunner by 2025
QROPS to receive full flexibility
HM Revenue & Customs last week issued draft legislation to allow QROPS schemes the same flexibility in drawing pension benefits as will apply to UK pensions from 6 April.
United Kingdom | 8 Dec 14
OECD warns pension reforms could leave retirees
The OECD has said the UK's new flexible pension system will need to be continually reformed to ensure retirees do not run out of money.
QROPS clarity remains undelivered
Anticipated clarification around exactly how and whether QROPS will be included in the new Pension Flexibility rules to be introduced in April 2015 were missing from todays Autumn Statement.
United Kingdom | 28 Nov 14
FCA to half adviser guidance guarantee levy
The Financial Conduct Authority (FCA) has proposed giving advisers a 50% reduction in the levy to fund the Government’s guidance guarantee service.