The real concern with pension freedom is not people blowing their retirement savings on big-ticket luxury goods but transferring their pots into low-interest bank accounts, research from Citizens Advice has suggested.
A third (32%) of those with pensions of more than £100,000 are transferring their pensions into bank accounts, according to a report released today by Citizens Advice. In comparison, one in five (22%)...
An added tier of asset management can of course deliver additional benefits for certain investors, writes Graham Bentley - just be sure you can justify it to the regulator and, especially, the client
The government is "in daily contact" with industry figures over the pensions dashboard as it prepares for the roll-out and its feasibility report, Guy Opperman has said.
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From 1 April 2019
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