Massive consolidation will lead to a ‘premier league’ of between five and seven major providers as part of an uncertain future for traditional UK life business, a new report has predicted.
The Pensions Administration Standards Association (PASA) has called on the pensions industry to do more to protect pension savers from fraud.
Pension liberation scammers are increasingly targeting expatriates in Qatar, warned independent financial advice giant, deVere.
Savers suffering from ill health could see their pension pots subject to inheritance tax if they transfer to a scheme that gives them greater access to the UK’s pension flexibilities, Old Mutual Wealth has warned.
An examination of the impact pension freedoms have had on other countries exposes the potential downsides and risks facing UK retirees and the British state, a think tank has warned.
Gary Boal, entrepreneur and founder of Boal & Co, has passed away suddenly, the international pension trustee firm announced on Monday.
PraxisIFM, a Guernsey-based independent financial services group, announced on Thursday that it has expanded its pensions division, Trireme Pension Services, with the acquisition of Confiance Pension Services.
Only the Danish and Dutch pension systems achieved “A” grades, indicating first class and robust schemes that deliver good, sustainable benefits with a high level of integrity, according to global consulting firm Mercer.
UK financial advisers are avoiding giving advice on the full scope of pension freedoms due to concerns they might be held liable later down the line, according to new research.
Old Mutual Wealth has strengthened its retirement income capability with the launch of IncomeSelect.
The US subsidiary of Dutch technology giant Philips has agreed a deal with UK insurer Legal & General and the US-based Prudential insurance company to guarantee annuity payments for 14,000 of its retirees and former employees.
Guernsey’s Government has passed legislation allowing flexi-drawdown for its international pension plans, including delisted QROPS funds.
