Will pandemic-induced drawdown cause depleted retirement pots?
As 51% of Brits aged 55 and over admit they know little about the pension freedoms rules
Canada Life
-
-
Scrapping pensions triple lock ‘unacceptable’, Brits say
Chancellor faces backlash over measures to ease coronavirus economic fallout
-
Industry body calls for ‘radical’ flat rate pension tax relief
‘We must learn the lessons of the past and not make any kneejerk changes’
-
Rash decisions risk hurting unadvised retirees during pandemic
DIY savers ‘more inclined to have a knee jerk reaction’ to volatile markets
-
How has covid-19 changed the UK life and pensions market?
Firms under even more pressure to prove clients are being offered the most suitable solution
-
PEOPLE MOVES: The Fry Group, Sun Life, QB Partners
C-suite promotion at financial advisory firm, while life insurer replaces outgoing CIO
-
Pension scams morphing into investment-like fraud
Regulatory action failing as think tank says lack of data obscuring ‘true scale of the issue’
-
Investors worried retirement plans need to be put on hold
But advisers believe pandemic will create good buying opportunities
-
Triple lock on chopping block to pay off pandemic debt?
UK government extends furlough scheme which will reportedly cost extra £70bn
-
HMRC pays back record £166m in pension freedoms tax
‘Whole system is complex and there is a clear need to review how it works’
-
Pension freedoms hit £35bn mark on fifth anniversary
‘People have been attracted by the ability to use their pensions like cash machines’
-
Life insurer expands investment opportunities for DFMs
They will be able to create bespoke portfolios and reduce expenses