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Smaller pension pot customers take cash lump sum
The latest annuity data has suggested customers with smaller pension pots have immediately started to use the new freedoms to take their cash lump sum, according to the ABI.
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'Scottish breakaway will hit OAPs and make mockery of annuities'
Scottish independence could make "a mockery" of annuities and cause significant adverse affects for pensioners, an advisory firm fears.
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Misselling is a risk of pension reforms, FCA chief tells MPs
The Budget pension reforms do pose a risk of leading to misselling, the FCA's chief executive has admitted, following concerns raised by MPs.
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Firm acquires over 500 SSAS and Sipps clients
Barnett Waddingham has purchased Chase de Vere's Sipp and SSAS book for an undisclosed fee, it announced this morning.
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National Employment Savings Trust restrictions to be lifted
The annual contribution limit and transfer restrictions on the National Employment Savings Trust will be lifted, the Pensions Minister announced this morning.
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