UK Chancellor Abolishes 55% Tax on Pension Funds at Death
George Osborne, the UK Chancellor of the Exchequer, today announced that from April 2015 individuals will have the freedom toRead more.
One in Five Brits Will “Work until They Drop”
A new study reveals millions of over 40s are expecting to carry on working until they physically can’t continue dueRead more.
Thousands Make Contact with Long Lost Funds
Latest figures show that in the past year alone almost 145,000 people have used the service to locate those longRead more.
Pension Deficits Reach 12-Month High
Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s largestRead more.
Most Advisers Optimistic About Proposed Pension Reforms
Advisers are largely optimistic about the proposed savings and pension reforms and the advisory market in general, according to theRead more.
Consumers Positive About Retirement Income Changes
Nearly two-thirds of yet-to-retire Brits (62%) say they think giving people more choice and flexibility in how they take theirRead more.
deVere Launches Workplace Solutions
deVere United Kingdom has launched its Workplace Solutions division.Read more.
UK Annuities Market Could Decline by up to 75%
The UK annuities market could decline by up to 75% after the recently announced changes to compulsory annuity purchase comeRead more.
Latin American Pension Industry Tops US$900bn in AUM
The Latin American pension system has grown to more than US$900bn in assets under management, according to new research fromRead more.
One in Seven will Retire with No Pension
One in seven (14 per cent) of those planning to retire this year has made no personal pension provision andRead more.
Budget’s Pension Changes “Style Over Substance”
The budget’s pension changes have been slammed as “style over substance” by the chief executive of one of the world’sRead more.
More Than Half Over-55s Want To Work
More than half of over-55s currently in the workforce are happy to work past the default retirement age of 65,Read more.