Pension
Axa Wealth drops pension platform charges
Axa Wealth will scrap regular charges for both its pension products and drawdown services available via the Elevate platform.
Retirement | 25 Nov 14
OMGI distributor deals annuity replacement
Old Mutual Global Investors is at an “advanced stage” of setting up partnerships with selected life companies and platforms to develop pooled fund products for the retirement market, in readiness for next year’s radical UK pension regime reforms.
Lessons to be learnt from LandGs pensions pilot
A pilot scheme for pensions guidance introduced by Legal & General saw only 2.5% of retirees take up the offer, but the firm has said there are lessons to be learnt from the pilot.
Retirement | 20 Nov 14
Pension abusers could face 300 fine
A fine of £300 could be imposed on those who deliberately abuse the new pension tax rules.
Annuities if theyre no longer compulsory
Two things are on my mind. First, just how much I like the new One Direction single. Great work guys. Second, fairness for those approaching retirement.