The majority of people accessing their pensions for the first time will be overpaying tax, particularly if they withdraw large sums of cash, Prudential head of business development Vince Smith-Hughes has warned.
Is ‘natural' income the answer to the sequence of return problem?
The government has raised the amount people can earn before they pay income tax, and increased the threshold at which people pay the higher rate of income tax.
Alarm bells: The growing income investor knowledge gap
Openwork will add an income solution to its multi-asset fund range next year as part of its investment proposition Omnis, which has attracted £1bn of new assets ten months after launch.
When one door closes, another one opens. An old adage, but a true one.
Demand for equity release products is continuing to grow - this is one thing which advisers involved in the market are very much agreed on.