Can rising inflation lead to a resurgence in annuities?
Index-linked products ‘could prove to be a particularly popular recommendation’
Retirement
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£1trn of pension money committed to ‘robust’ net zero
But £1.7trn is still invested in schemes that are not aligned with climate change targets
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Pension freedoms ‘a failure’ without guidance and advice
Savers deemed retirement system a ‘minefield’ as they struggle to understand how it works
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Fraud suspect changes plea in £13.7m pension transfer case
After previously stating he was not guilty
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Pension consolidation and tech to drive Sipp market expansion
‘More needs to go online and happen digitally as people want instant information’
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HMRC refunds £835m in overpaid tax on pension withdrawals
But advisory firm believes total is likely to be in ‘excess of £1bn’
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Brits have £1trn more wealth in pensions than property
London is the only place in the UK which recorded the opposite trend
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Savers turn to properties to fund retirement
‘Significant increase in house prices’ to make strategy ‘more commonplace’
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Double tax whammy risk for big pension withdrawals
As 61% of retirees accessed their pots without financial advice
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Pension system changes leave women with no inheritance rights
‘Complexities’ mean that couples ‘should be encouraged to start making considerations as early as possible’
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Zurich sells Italian life and pension business
Transaction will release approximately $1.2bn of capital
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Well, that was unexpected…
International Adviser looks back at the most salient stories of 2021