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In its response to the government’s tax relief proposals, the Association of Member-Directed Pension Schemes (AMPS) has voiced a number concerns.
Partnership is to launch the Enhanced Retirement Account [ERA] Sipp offering consumers access to a guaranteed income and the flexibility of drawdown as well as an opportunity for investment growth.
New research has highlighted the extent of confusion about the UK pensions and savings system and how unimportant tax relief is to individuals’ decision making.
FundsNetwork says that pensions investors have kept their faith in index trackers despite turbulent markets centred around China’s stock market crisis in August which saw many flee to defensive assets.
Flat-rate pension tax-relief proposals are no ‘silver bullet’, the managing director of a retirement practice has warned its supporters.
A big chunk of over 55s plan to continue working past what would previously have been considered their retirement age of 65, researchers have found.
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