Warning over ‘absurd tax’ triggered by UK pension withdrawals
People accessing their pots to cope with effects of covid-19 should seek financial advice
Pension
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Complaints to UK regulator soared in H2 2019
Increase of two million complaints but average redress lower than first half of the year
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Most over-55s in UK will not touch private pension in 2020
Current economic climate has ‘put the brakes on any plans’ to dip into retirement pots
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How to manage drawdown pensions during market volatility
Quilter gives five tips on how to limit coronavirus-induced damage for retirees
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UK regulators join forces to tackle coronavirus pension scams
Investors told to ‘reject all unexpected and unsolicited offers’
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DB pension transfers halted for up to three months
Following guidance from regulator to scheme trustees on coronavirus
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Coronavirus: How to manage your money if you lose your job
Countless people handed pay cuts, furloughed or made redundant because of the pandemic
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First ever diversity guide published for UK pensions industry
It will set in stone best practices for inclusivity
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Aussie regulator eyes penalty for investment firm
Regarding potentially misleading superannuation default products
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Inheritance tax untouched by UK chancellor
But budget sees £90,000 increase in tapered annual allowance
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Fraud costs pensions industry around £6bn a year
Sector must ‘better protect the fruits of peoples’ labour’ rather than fund retirement for fraudsters
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Platform launches digital Sipp with 0.6% annual fee
It has been designed to help people take saving for retirement into their own hands