Pension freedom age increase will create ‘second class schemes’
As ‘tougher’ access rules make it ‘complex for savers’
Andrew Tully
-
-
Scrapping pensions triple lock ‘unacceptable’, Brits say
Chancellor faces backlash over measures to ease coronavirus economic fallout
-
Investors worried retirement plans need to be put on hold
But advisers believe pandemic will create good buying opportunities
-
Surprise 25% Qrops charge rocks UK pension transfer market
The UK government’s shock decision to impose a 25% charge on transfers to foreign pension schemes announced in the Spring Budget could go as far as to “shut down” the Qrops market, according to industry observers.