The flexibility unveiled in the last Budget has piqued everyone's interest. But there are important caveats, according to Alan Higham
The Budget brings unprecedented flexibility for retirees. However, this flexibility also brings challenges. Andrew Tully takes a look at the key issues.
Anna Sofat talks through the advice issues thrown up when using income drawdown
Skandia has warned advisers to be cautious when using block transfers to consolidate pension funds, as it could lead to their client losing the right to higher levels of tax free cash.
The Funding Corporation is warning next year's traditional peak day for refinancing credit card debt - the first Friday in February - could see a sharp rise in the number of people rejected for credit by mainstream lenders.
Only one lender has responded to a request from The Finance Centre (TFC) for detailed monthly reports of the amount of business being conducted on different FSA numbers.