UK insurance sector calls for advice overhaul to fix pension freedoms
The Association of British Insurers (ABI) has called for a major shake-up to the advice market, including risk warnings for pension transfers and...
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IFAs recommending DB pension transfers in FCA’s crosshairs
Regulator outlines review as industry warns against making life even more difficult for clients. The Financial Conduct Authority (FCA) has said it...
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Industry divided after pension freedoms hit £25bn
But data is not a complete picture and 'represents only a fraction of the overall cash being accessed' UK pensioners have taken over £25bn ($32.5bn,...
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Malta's tighter pension rules to affect thousands of UK savers
Malta is introducing tougher pension rules which stipulates that advisers must be regulated in the jurisdiction where their client is based, a move...
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Tax pensions on death to make Budget add up, IFS tells gov’t
IFS suggests radical set of tax rises on wealthy retired to make UK tax system more efficient. Pension pots should be taxed on death, the Institute...
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Pension freedoms could bring in £19.2bn of tax in next decade
Surging drawdowns may reduce overall tax take. The UK pension freedoms, which came into effect in 2015, could increase tax revenue by as much as...
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