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Retirement

Income

'Daunted' retirees crave default retirement income option - research

While pension savers back the upcoming pension freedoms they are ‘daunted' by the scale of choice on offer and want providers to offer them a default investment or drawdown choice, research has found.

clock 15 January 2015 •

Wrap/platforms

Ascentric cuts fees in pricing overhaul

Ascentric has introduced an inclusive platform charge as it moves to give advisers more charging options for their clients.

clock 15 January 2015 •

Income

Tax planning opportunities to soar post-April as hesitant retirees make income choice - Zurich

Maximising retirees' tax positions will become all-important post-pension freedoms, giving advisers huge on-platform planning opportunities, Zurich's Alistair Wilson has said.

clock 15 January 2015 •

Pensions

Budget freedoms could trigger mis-selling claims 'worth billions'

The Budget freedoms that come into force in April could trigger mis-selling claims worth billions of pounds, law firm Sackers has warned.

clock 15 January 2015 •

Regulation

Guardian sues Harlequin investors over SIPP fees

Guardian SIPP is suing investors with pension money tied up in troubled property investment Harlequin for non-payment of the fees related to their self-invested personal pension (SIPP).

clock 15 January 2015 •

Pensions

Schroders launches flexible pre-retirement fund

Schroders has launched a fund to help defined contribution (DC) members coming up to retirement take advantage of incoming Budget flexibilities.

clock 15 January 2015 •

Investment

NS&I criticised as pensioner bond demand crashes website

National Savings & Investments (NS&I) has been accused of underpreparing for the launch of its pensioner bonds after its website temporarily crashed shortly after they went on sale.

clock 15 January 2015 •

Income

Bestinvest and Saga to launch advice service for over 50s

Saga and Tilney Bestinvest are to launch a joint venture offering investment and financial planning services to the UK's over 50s.

clock 15 January 2015 •

Regulation

High Court ruling may protect bankrupts' pensions after freedoms take effect

A man in bankruptcy has retained his personal pension after a High Court judge decided he should not be compelled to hand it over under an Income Payments Order (IPO).

clock 14 January 2015 •

Pensions

Guaranteed retirement income still key priority for over 55s - research

Seven out of ten defined contribution (DC) pot holders aged over 55 would prefer pensions to deliver a guaranteed income for life, according to research published by the International Longevity Centre-UK (ILC-UK).

clock 14 January 2015 •
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