IFAs must not allow clients in drawdown to fall foul of new tax rules surrounding death benefits, said Andrew Tully, retirement income technical manager at MGM Advantage.
Before the government removed compulsory annuitisation at age 75, the tax on death benefits from undrawn pension funds when death occurred after 75, was 70% (or 82% with IHT). For deaths occurring before...
First of a number of acquisitions
The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.
West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.
Employers need to do more to inform employees unaware of auto-enrolment Scottish Widows research shows.
Naomi Osinnowo asks what needs to be done to get people to engage with retirement planning.
Return to business packs
Over-valuation in tech, software and consumer staples
One in 25 sought advice for the first time
'Can't assess body language'
UK investors lost hundreds of thousands of pounds