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Pension reforms: Payments worth £1.8billion withdrawn

Savers took out £800m worth in payments from income drawdown policies in 170,000 withdrawals in the first two months after the pension reforms kicked in.
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Liberty's customer boom leads to 1,500 new Sipps opening

Nearly 1,500 new Sipps have been opened by Liberty Sipp in the last year, the company reported, as it revealed its assets under management have jumped by 81%.
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Xafinity hires ex-Mercer chief to strengthen actuarial team

Mercer’s former chief actuary has been hired by Xafinity as it bids to bolster its pensions actuarial and consulting team.
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Provider urges advisers to review their SSAS books

A SSAS provider has urged advisers to review their SSAS books of business following HMRC's increased controls on the new fit and proper test.
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Pension Wise extended as annuities plan delayed

Plans for a secondary annuities market will not be implemented until at least 2017 after the Treasury said the move would be delayed.
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  1. 'Radical' pension and ISA reforms green paper launched
  2. Rising demand is a struggle to handle - Pensions Ombudsman
  3. James Hay hires new commercial director
  4. SSAS firm doubles investment manager pool

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