How popular have the pension freedoms been? In the period running up to April 2015, I was often asked what I thought we would see with the advent of the pension freedoms.
As we approached 6 April this year the press started to look at the ten-year anniversary of ‘A-Day’ – the day on which pension simplification regulations came into force. Their conclusions have, unfortunately, been anything but positive.
While a lot of people are breathing a sigh of relief at the lack of pension reform in the Budget I think we do know a little more of where we stand and that is resoundingly in the middle.
Looking at the UK’s first State Pension Age review...
I was writing an article the other day in which I made the point that, with the changing demographics in the UK, one of the Government’s main tools for controlling costs and behaviour is the State Pension Age (SPA).
A pretty solid pension’s day was had earlier this month, with an eloquent debate in the House of Commons about equalisation of state pension ages.
A consultant has swapped Sipps firms by making the move to Talbot and Muir from Xafinity.
Pension rules should be relaxed to allow multiple drawdown arrangements within the same pension scheme to be consolidated into one, AJ Bell has said ahead of Wednesday’s Autumn Statement.
Platform and Sipp operator AJ Bell is warning that the distinction between financial advice and other information or guidance services has become blurred and this is having two dangerous consequences.
In its response to the Treasury consultation on pension transfers and early exit charges, Sipp provider AJ Bell has called for all early encashment penalties that block access to the new pension freedoms to be scrapped.
I was at my daughter’s birthday party last Sunday afternoon doing that bit where you hang around while all the kids have fun.
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