11/19/2015

Tax confusion over pension reforms

More than half of the general public are still unsure about what the tax rules are when it comes to taking cash out of pension, new research has found.

10/25/2015

Swedish pension chief executives condemn reforms

The funds, which were set up to meet potential shortfalls within the state pension system, have long been criticised for producing lacklustre returns and for their expensive management structure.

10/19/2015

Parliamentary committee urges Pension Wise improvements

The report also recommended that the government work with providers to ensure that Pension Wise provides a more personalised and holistic service that looks at retirement income products in the context of other savings vehicles.

10/19/2015

UK lawmakers call for action on financial advice gap

The UK pension freedoms introduced in April this year are not yet operating as well as they should, and the provision of affordable advice was “woefully inadequate”, a new report from a parliamentary oversight committee found.

10/19/2015

MPs tell FCA to be clearer about insistent clients

The FCA, as part of the Financial Advice Market Review, were told by the MPs to clarify the distinction between guidance and advice, the definitions of safeguarded benefits and protections in providing advice to insistent clients.