Income
Income
The £1.25m lifetime cap on tax free pension savings will affect workers who retire on anything from £20,000 a year, meaning those who start to save early could face tax charges of 55% when they retire, according to new research.
16 February 2015
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Income
Old Mutual Wealth is to launch a flexi-access drawdown facility on its Collective Retirement Account ahead of pensions freedom on 6 April.
11 February 2015
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AJ Bell has called for simplification of the rules governing uncrystallised funds pension lump sums (UFPLS) and said demand for the option may not exist in the retail market.
06 February 2015
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People who opted to take greater retirement income through the money purchase scheme pension option have been left unable to take advantage of pensions freedom, a provider has said.
05 February 2015
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Income
Axa Life Invest has added a death benefit guarantee to its drawdown offering to protect the amount passed on to family or dependents if a client dies before age 75.
05 February 2015
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