News

Half of pre-retirees (46%) would consider retiring to a cheaper country to get better value for money, according to a survey from the National Association of Pension Funds (NAPF).

The nationalisation and resale of Northern Rock will rake in a profit of up to £11bn for UK taxpayers, it was announced today.

Her Majesty's Revenue and Customs (HMRC) is investigating the "aggressive promotion" of using intellectual property (IP) to borrow money from small self-administered pension schemes (SSAS).

Openwork has launched a support service for its advisers seeking financial assistance while transferring to a fee-based model.

The Treasury Select Committee (TSC) has said allowing the new regulator to publish early warning notices poses a risk to ‘natural justice' and urged the government to reconsider the issue.

The ABI has published a guide for people considering buying private medical insurance (PMI).

The private medical insurance (PMI) market's two biggest players have seen a rise in the number of complaints escalated to the Financial Ombudsman Service (FOS).

Over 70% of SIPP and SSAS providers think last year's reduction in maximum drawdown rates was wrong, according to research by the Association of Member Directed Pension Schemes (AMPS.)

The FSA has proposed changes to the way pension transfer values are calculated.

Analysis by the European Fund and Asset Management Association (EFAMA) highlights that the public does not appreciate what the EFAMA describes as "the very significant cost impact that the Financial Transaction Tax (FTT) would have on the long-term savings...