Standard Life locks drawdown price for retirees
As it reduces and simplifies charges for customers using its Wrap platform
Pension
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Private pension wealth rises 69% in a decade
But UK government data shows the need to address the ‘yawning chasm of gender inequality’
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UK Labour Party vows radical pension and tax overhaul
As it promises significant changes to retirement age, IHT, CGT and income regimes
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Income drawdown jumps 99% in five years
With Brits withdrawing £18.5bn from pension pots in 2018/19 alone
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Complex pensions space creating penniless retirement fear
Over a third of advisers said the biggest client worry is running out of money in drawdown
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What are the pension implications of raising children?
It could leave some struggling to afford to take the tax-free pension commencement lump sum
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HMRC overtaxed pension withdrawals by staggering £55m
Record levels of taxation spark calls for government to review its approach
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Parties playing with political dynamite
What are the implications for tax, pensions, investments and property in the UK general election?
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Aussie regulator wins Westpac pensions cold calling case
Bank says it is ‘carefully considering’ the judgment
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Future of the DB pension transfer market in question
Demand is still high, but advisers continue to exit the market and the FCA introduces changes
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Brits’ pension knowledge leaves a lot to be desired
Over half do not know they can access their retirement pot early due to ill health
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Industry needs to ‘eradicate’ any notions it is ‘old man’s club’
Attracting female clients is vital, as 27% of UK women have inadequate pension pots