PA Debate: Who triumphed in the drawdown vs UFPLS debate?

        Professional Adviser | 19 Dec 2014 | 15:08

        The victor in the latest PA Debate examining whether clients would choose income drawdown over uncrystallised funds pension lump sum (UFPLS) next April has been decided.

        Big Ben photo by UK Parliament

        MPs tell FCA: Act now on retirement ‘second line of defence’ or face fresh mis-selling scandal

        The Financial Conduct Authority (FCA) must establish a ‘second line of defence’ for retirees ahead of pension freedom or the industry faces another major mis-selling scandal, according to MPs.

        Professional Adviser | 18 Dec 2014 | 13:36

        Voting remains close on UFPLS v income drawdown in PA Online Debate

        At the beginning of day four voting remains close in the PA Online debate as to whether clients will choose uncrystallised funds pension lump sum (UFPLS) or income drawdown.

        Retirement Planner | 18 Dec 2014 | 11:49

    Other Income articles


      A time for gloom and boom for annuities

      The difficulties experienced in the individual annuity market have been dwarfed by the demand in the corporate world. Stephen Lowe takes a closer look.

      Professional Adviser | 18 Dec 2014 | 11:23
      A hand extended holding a bag of pounds - illustration

      How investment trusts can settle clients' income concerns

      Investment trusts' ability to smooth dividends over time is one reason they present a real income alternative, writes Jenna Voigt

      Professional Adviser | 17 Dec 2014 | 07:12

      What do retirees want from their retirement income?

      As the industry gears up for the introduction of retirement freedoms in April what will people choose? Stephen Lowe goes through recent research into what retirees are looking for.

      Retirement Planner | 16 Dec 2014 | 15:33

      Prudential launches flex drawdown ahead of pension freedoms

      Prudential has launched a flexible drawdown option to its range of retirement products ahead of pension freedoms which come into force in April next year.

      Professional Adviser | 16 Dec 2014 | 11:06

      PA Online debate results on knife edge at end of day one

      The first day of the PA Online debate has been a close run affair with users split on whether their clients will choose income drawdown or uncrystallised funds pension lump sum (UFPLS).

      Professional Adviser | 16 Dec 2014 | 10:46

      Treasury unveils market-leading rates for 'pensioner bonds'

      Interest rates for the new 'pensioner bonds' announced at Budget 2014 have been set at a market-beating 2.8% for the one-year product and 4% for the three-year bond.

      Professional Adviser | 12 Dec 2014 | 16:04

      Just Retirement calls for decumulation ‘clean break’ to ensure annuity competition

      Pension providers should ensure all retirees use the open market to buy an annuity at the point of decumulation to ensure they get the most out of their savings, Just Retirement has said.

      Professional Adviser | 12 Dec 2014 | 11:21
      Photo of Neil Woodford and Mark Barnett

      Aviva writes to advisers on challenges facing Invesco's Barnett

      Aviva has written to advisers outlining its views on the challenges facing Mark Barnett, following a review of how he runs funds previously managed by Neil Woodford.

      Professional Adviser | 12 Dec 2014 | 10:25
      Money down drain

      Network calls for 'sensibly priced' retirement advice to combat non-advised drawdown trap

      The chairman of IFA network Sense has called on advisers to come up with a “sensibly priced” at-retirement service, saying the prospect of non-advised drawdown left him “horrified”.

      Professional Adviser | 12 Dec 2014 | 07:47

      Public wants quality-of-advice benchmark, report suggests

      Consumers are put off seeking regulated advice because they don't know how to judge its quality, research commissioned by the Financial Conduct Authority (FCA) suggests.

      Professional Adviser | 11 Dec 2014 | 13:22

      ‘Fundamental’ retirement income problems must be dealt with before pension freedom

      Fundamental problems with the shopping around system for annuities must be addressed before pension freedoms being in April, experts have said.

      Professional Adviser | 11 Dec 2014 | 11:10

      FCA Annuity Thematic Review identifies failings in customer communications

      Annuity providers need to make significant improvements to the quality of their written and telephone communications if customer outcomes are to be improved, according to the Financial Conduct Authority's (FCA) Thematic Review.

      Retirement Planner | 11 Dec 2014 | 08:21
      A normal retirement age

      FCA proposes 'pensions dashboard' as part of sweeping changes to retirement income space

      Forcing product providers to reveal how their annuity quotes compare with competitors and developing a one-stop pensions 'dashboard' for retirees are two of several changes proposed by the Financial Conduct Authority (FCA) following its wide-ranging review of the retirement income market.

      Professional Adviser | 11 Dec 2014 | 07:36

      PA Debate starts Monday: Will your clients choose UFPLS or income drawdown?

      Will your clients choose uncrystallised funds pension lump sum (UFPLS) or income drawdown from April 2015?

      Retirement Planner | 10 Dec 2014 | 15:41

      Aegon to launch guaranteed drawdown product on retirement platform

      Provider Aegon is to launch a drawdown product with combined access to unit-linked guarantees to capitalise on pension freedoms.

      Professional Adviser | 10 Dec 2014 | 12:07

      FSCS and Standard Life thrash out SIPP tax deal over ARM recoveries

      The Financial Services Compensation Scheme (FSCS) and self-invested personal pension (SIPP) provider Standard Life have worked out a deal with the taxman over the tax status of recoveries related to ARM Asset Backed Securities.

      Professional Adviser | 10 Dec 2014 | 07:57

      The need for speed: Can pension transfer innovation solve the savings gap?

      Pension transfers are set to hit two million a year within the next 12 months as pot follows member begins. That, Jon Gwinnett writes, is just one reason why the industry needs to get its house in order

      Professional Adviser | 09 Dec 2014 | 10:45


Sponsored video


    Are annuity death tax changes a 'job half done'?