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Annuities may have become somewhat downtrodden with doom and gloom predictions since the pension reforms kicked in but new research suggests the younger generation are willing to give them a fair hearing.
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.
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The director of a Sipp firm says there is a strong belief in the industry that the Lifetime ISA is the end of pensions as we know them.
Curtis Banks’ £45 million deal to take over Suffolk Life earlier this year doubled the size of the firm.
More than a third of accountants plan to fund some or all of their retirement using property wealth, a survey suggests.
A probe into the possible effects of the Lifetime ISA and whether it could cause workers to duck out of Auto Enrolment is stepping up this week.
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