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Displaying items by tag: retirement

Friday, 20 April 2018 12:52

LEBC welcomes clearer pension transfer advice

National IFA LEBC The Retirement Adviser has called for clarity for consumers considering pension transfers.
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Bosses who have jeopardised defined benefit pension schemes could be fined retrospectively, Secretary of State Esther McVey has announced.

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Police have raided four homes and businesses as part of an investigation into “poorly-run pension schemes suspected of links to cold-calling”.
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Friday, 09 February 2018 12:23

New retirement book released by Financial Planner

An ex-President of the Institute of Financial Planning has penned a new book showcasing ‘inspiring’ people aged 60 – 90 that demonstrate how to make the most of retirement.
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The Adam Smith Institute says the move to raise the state pension age to 68 earlier than planned fails to go far enough.
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Half of UK adults think investing in property is the method of saving for retirement that makes the most of their money, according to an Office for National Statistics report.
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The latest rise in inflation is a “hammer blow” for retirees and leaves UK households with an annual £20.2bn shortfall to maintain the standard of living, Retirement Advantage claims.
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Average retirement incomes have hit a near three year high, a report said today.
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Some 85% of over 50s feel they retired too early, according to a survey of 50,000 of people in this age bracket.
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Chancellor Philip Hammond is to impose a 25% tax charge on pension transfers to QROPS pension schemes from tomorrow (9 March).
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