Almost half of pension holders who are over or near their lifetime allowance (LTA) threshold have not yet taken any action to prepare for the limit reductions due to be introduced in April, a survey has found.
Independent advisory group deVere, which carried out the survey, said its results are a warning that British retirees risk being hit with hefty additional tax burdens when the lifetime allowance for pensions...
Consumer complaints against firms for misadvised DB transfers also rising
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Retail investors set to be restricted initially
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers