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Displaying items by tag: pensions

New analysis of 17,000 drawdown customers by a provider has revealed wide variations in the amount taken from pension pots but few signs of pensioners taking out all their cash in one go to buy a Lamborghini.
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Two financial adviser brothers, who conned 200 pensioners and vulnerable clients out of millions of pounds, have been jailed for a total of 11 years today.
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Royal London director of policy Steve Webb has called for an end to what he called the “absurd” way pension withdrawals are taxed.
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Stock market volatility and economic uncertainty have led to a sharp spike in over-50s being risk-averse with their pension savings, new research indicated.
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Wednesday, 25 April 2018 12:49

'Double pension advice tax exemption' plea

Aegon has called for the limit on Income Tax and NI relief on employer-arranged pension advice to be doubled.
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Morton Fraser has been named as the provider of legal services in Scotland, for SIPP provider Rowanmoor.
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Friday, 20 April 2018 12:52

LEBC welcomes clearer pension transfer advice

National IFA LEBC The Retirement Adviser has called for clarity for consumers considering pension transfers.
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Wednesday, 18 April 2018 15:10

HMRC takes down inaccurate pension tax website

HMRC has taken down a web page, which allows users to check how much money they can put into a pension, after “blunders” were spotted by tax experts at Royal London.
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A new guide to reviewing workplace pensions has been launched by Defaqto.
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Two firms have been told they must pay compensation to clients after unsuitable advice relating to a SIPP.
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