Royal London
Displaying items by tag: Royal London
Monday, 03 September 2018 16:55
‘Huge variations’ in how firms ‘triage’ pension transfers
A survey of around 400 financial advisers has found “huge variations” in the way firms carry out an initial ‘triage’ process when clients ask about pension transfers.
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Wednesday, 29 August 2018 09:07
TPR calls on pension schemes to slash transfer values
A document, released under freedom of information laws, has shown The Pensions Regulator has called on pension schemes to cut transfer values.
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Tuesday, 14 August 2018 16:05
Cautious welcome to joint FCA and TPR anti-scam campaign
The launch of a new FCA and TPR campaign to boost awareness of pensions scams has been welcomed by the profession.
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Tuesday, 07 August 2018 13:03
‘Landmark’ ruling gives hope to pension scam victims
Royal London’s Steve Webb has hailed a new ruling by the Pensions Ombudsman as a "landmark" which offers new hope for victims of pension scams.
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Tuesday, 31 July 2018 16:00
Record £2.3bn withdrawn under Pension Freedoms
A record £2.3bn was taken out of pensions pots under Pension Freedoms rules in the second quarter of 2018, HMRC figures have revealed.
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Monday, 18 June 2018 15:36
State pension age rise to 68 ‘could be pushed back’, says Royal London
ONS data released today showed a slowing of improvement to mortality rates – a development which could push back the increase of state retirement age, according to Royal London.
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Tuesday, 08 May 2018 12:52
Some drawdown retirees taking out over 10% a year
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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Friday, 04 May 2018 11:10
Time to sort out pension withdrawal tax mess says Steve Webb
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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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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Wednesday, 31 January 2018 18:22
HMRC income withdrawal taxation 'out of control'
Royal London’s director of policy Steve Webb, a former pension minister, believes that HMRC is “out of control” when it comes to over-taxing savers using pensions income withdrawal or buying a second home.
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