Almost two-thirds (65%) of UK adults are ‘unaware, unwilling or unable' to address the financial challenges of retirement, according to research.
Retirement Planner's round-up of the top pension stories this week.
In this week's quick fire Retirement Planner poll we ask: Which area will generate the most growth for advisers?
In this annuity-themed quick fire poll we ask: Should the Open Market Option be mandatory for all annuitants?
Splitting a pension pot by blending annuities could increase retirement income by around £2,175, according to research from LV=.
A parliamentary select committee has called for government and regulators to make the Open Market Option ‘mandatory' at annuity purchase.
Pension providers who automatically increase clients' drawdown income to 120% GAD could push clients into a higher tax bracket warns Hornbuckle Mitchell.
The issue of the frozen state pension for retirees who move abroad will be debated following a campaign by an expat group.
The over-55s are most at risk from the interest-only mortgage time-bomb, according to equity release specialists.
Retirement Planner's round-up of the top pension stories this week.