The UK will become a pensions transfer ‘haven' for European Union (EU) citizens once freedom and choice comes into effect, a top pensions lawyer has said.
Nine safe bets (and a few unsafe) from pensions 'freedom'
The government must shed light on how incoming pension flexibilities interact with means-tested benefit rules, according to shadow pensions minister Gregg McClymont.
The Budget reform package coupled with generation Y's complete disengagement from traditional retirement saving has effectively killed pensions in their current form, according to Michael Johnson.
Simplified advice propositions should include hurdle questions to prevent certain types of client from entering the system, according to a lawyer turned adviser.
Default option: Why advisers should get to grips with workplace DC
AXA Wealth has moved into profitability following "strong growth across the business", which saw overall funds under management (FUM) increase by 11% last year.
The Association of British Insurers (ABI) has called on the industry to fully support upcoming pension changes but warned "critical pieces of the jigsaw are still missing and will not be in place in time".
Just Retirement is to launch a set of products aimed at Middle Britain retirees offering ‘mix and match' options for retirement income.