Retirement customers continue to look to invest the tax free cash lump sum from their pension pots into the buy-to-let property market despite the looming tax clampdown, data from Fidelity International suggests.
Life expectancy at older ages in England as a whole is now the highest on record for all the age and sex groups studied, Public Health England says, though it fell in some regional areas.
A pension transfers ‘roadmap’ is to be produced to help people navigate through the process.
In the last week I have been travelling around the country a lot and one day I was booked in to talk with some professional connections of a financial adviser, when I asked for a list of attendees I was a little surprised to discover the majority of the audience were property professionals.
Retirement lending must be looked at as a crucial element in the FCA’s probe into barriers to mortgage sector competition, The Equity Release Council says.
Replacing tax relief with a Pensions ISA could be George Osborne’s ‘Gordon Brown moment’ and cause ‘incalculable damage’, the former Pensions Minister claims.
Net new business in Hargreaves Lansdown’s Sipp nominee accounts was £1.2 billion for the last six months of 2015.
MPs will this afternoon debate claims that retirement plans “have been shattered with devastating consequences” due to transitional state pension arrangements.
A retirement planning boss believes that a single flat rate of pension tax relief could be the “boost to pensions simplification we’ve needed for a long time”.
FSCS bosses said today they see no end to the high numbers of Sipp-related advice complaints next year.
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