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The directors of a payday loan company who used money from a pension liberation scheme to pay off company debts have been banned for a total of 20 years.
Nearly six out of 10 financial advisers want the pensions lifetime allowance abolished, according to a poll of 102 advisers by SIPP provider Momentum.
The retirement prospects of millions of over-50s rely on downsizing, an inheritance or a lottery win, according to new research.
The government has decided to put on the back burner any change to the auto-enrolment charge cap and will keep it at 0.75%.
Pension transfer value from the end of September to the end of October (as measured by the Xafinity Transfer Value Index) have remained relatively stable, fluctuating between £229,000 and £234,000, the company’s data shows.