Many UK retirees lose out on tax and investment incentives
Because they are accessing the pension freedoms without advice
AJ Bell
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Long saving breaks can impact ‘quality of life in retirement’
Young adults are balancing financial challenges but need to make sure they contribute to pension
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Costs and admin issues stop advisers doing platform transfers
Over half of IFAs would not recommend it to a client as they seek more guidance from regulator
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Industry divided after pension freedoms hit £25bn
But data is not a complete picture and ‘represents only a fraction of the overall cash being accessed’
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Thousands in UK lose lifetime allowance protection
People are facing ‘huge’ tax bills as a result – but a court ruling could give them a glimmer of hope
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Have UK pension freedoms passed their peak?
Transfers dropped 20% in the last quarter of 2018
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AJ Bell rolls out income funds targeting 4%
Wisdomtree has also made its investment management tools available to European clients
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UK watchdog eyes ban on investment platform exit fees
Investors are ‘getting shafted by poor execution, opaque funds and sneaky fees’
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Fraud centre reveals ‘shocking’ £197m losses for victims
Chameleon-like scammers are ‘adept at changing to present themselves as the genuine article’
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HMRC grabs over £400m extra from pension freedom users
UK taxman forced to repay over £30m in Q4 2018, showing little improvement has been made
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Caution urged following jump in pension freedom withdrawals
Torrid markets in 2018 saw the FTSE100 down 12% and most funds delivering negative returns
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Surging AJ Bell share price justified despite 4% fall in assets
Share price jumps almost 80% since IPO