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An increase in ombudsman complaints about UCIS has been predominantly driven by the rise in complaints from consumers who had taken out Sipps.
The difference between the average purchase funds size for a lifetime annuity versus drawdown has grown almost three times bigger since the launch of the pension freedoms, research suggests.
We live in an instantaneous world – if I go on Amazon I can have my purchase with me the next day, banking can be done at the click of a mouse and bills can be paid without even getting up in the morning.
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As Father’s Day approaches this weekend research has suggested that more than a third rely on their dad for pension and savings advice.
Pensions administration company Equiniti has announced contingency plans for overseas pensioners in Greece.