Pension
ANZ to sell $4bn life and pension units to boost capital
ANZ Banking Group is looking to sell its life insurance and pension product unit, valued at up to $4bn (£2.76bn, €3.6bn), say media reports.
Retirement | 20 May 16
Apfa’s Hannant brands BoE adviser criticism ‘unhelpful’
Chris Hannant, head of the Association of Professional Financial Advisers (Apfa), has hit back at Bank of England economist Andy Haldane’s remarks that financial advisers have “no clue” about pensions by branding them “unhelpful”.
Best Practice | 19 May 16
IFAs have ‘no clue’ on pensions – Bank of England economist
The Bank of England’s chief economist Andy Haldane has said that financial advisers have “no clue” about pensions, while admitting that he himself cannot make the “remotest sense” of them.
Retirement | 11 May 16
Expats in Australia hit by £250K lifetime allowance cap
British expats living in Australia could see their retirement plans derailed following legislation curbing the amount they can save into their pensions.
Retirement | 10 May 16
UK launches website to trace £400m in unclaimed pensions
The UK’s Department for Work and Pensions (DWP) has launched a new pension tracing website to help savers track down lost or forgotten retirement pots.