The UK government has suggested softening the rules on how defined benefit (DB) pension schemes should adjust payouts for the impact of inflation in a new report on tackling challenges facing the sector.
Old Mutual Wealth has launched a new pension planning calculator, designed to help UK advisers deal with the recent changes to the annual allowance for contributions.
The UK government’s consultation on tackling pension scams received mixed responses, as it acknowledged that the pension freedoms may have contributed to the rise in scams.
International product distribution company Provisca has signed a partnership agreement to market and distribute The QROPS Bureau’s independent technical support, due diligence and compliance support service to advisers outside the UK.
The UK pensions triple lock should be reviewed after a report found that typical pensioner incomes now outstrip the earnings of working age households, says Old Mutual Wealth pensions expert Jon Greer.
International IFA firm Alexander Beard has unveiled a euro-denominated self-invested personal pension (Sipp) aimed at British expats living in France.
Novia Financial has launched a transfer value analysis system (TVAS) service to help advisers compare the pension benefits under defined benefits (DB) schemes with the Novia self-invested personal pension (Sipp).
The UK Supreme Court has ruled that an unmarried woman is entitled to her late partner’s occupational pension in a landmark decision that could have wider repercussions for pension schemes.
UK savers planning their retirement will be able to withdraw up to £1,500 ($1,893, €1,754) from their pension pots tax-free to pay for financial advice, under plans unveiled by the British government on Friday.
In spite of warnings from government and the pensions industry, 7% of UK adults said they had released some or all of their pension savings as cash after being cold contacted, research from Phoenix Group has found.
The UK’s Financial Conduct Authority (FCA) has warned financial advisers, DFMs and pension scheme operators that scammers are becoming increasingly sophisticated in developing products to defeat due diligence efforts.
Pensioners with recognised overseas pension schemes (Rops) face being able take less money from their retirement pots under new income drawdown rates released by HM Revenue & Customs (HMRC) this week.
