Plan to save extra £84,000 if UK retirement age rises to 75
But would the change make people more or less likely to pay into a pension?
Retirement
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HMRC refunds record £47m in overpaid pension tax
It processed over 17,000 reclaims in just three months
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UK firm to unveil ‘abridged’ advice pension transfer tool
It follows an FCA consultation which looked at changing how advisers assess clients’ circumstances
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Brexit forcing potential expats to reconsider moving from UK
Spain remains number one spot to retire, followed by France and Portugal
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Scottish Widows wrong to charge client for Qrops transfer
Firm will also give him money for ‘trouble caused’
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Financial planning for diverse clients requires an open mind
As many LGBT+ customers struggle to access financial advice altogether
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Half of Brits think pension pot won’t last retirement
One-in-five believe contributions are a ‘waste of money’
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UK investment scams up by over a third in five years
But pension fraud reports decreased significantly
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Sipp provider in administration sold to pension firm
All members of staff will be protected as they will move over to acquiring company
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UK taxman cannot disclose pension recycling data
Breaches are treated on a case-by-case basis but lack of information risks leaving people in the dark
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Legal & General acquisition sparks pension dashboard offering
It will remove the headache of tracking down old plans to help make retirement decisions
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Collapsed wealth firm charged investors 20% fees
And pushed advisers to promote its portfolios to DB pension transfer and Sipp clients