Membership of the European Union has been beneficial to British expats retiring to other member states, as they have the same state pension rights as those who reside in the UK. But Brexit inevitably means this situation cannot continue in its present form and the 1.2 million Brits estimated to be living in other EU countries […]
Some savers may be in danger of running out of retirement savings by withdrawing too much from their pension pots too soon, the Association of British Insurers has warned. Figures on the first year of pension freedoms show 57 per cent of savers have withdrawn less than 1 per cent in the last quarter. However […]
In June 2015 the FCA released Factsheet 035 for advisers, setting out its views on pension reforms and insistent clients. This was prompted by the pension freedoms legislation. The issue has been in the news again as the FCA embarks on another suitability review, asking firms for a significant amount of information including data on […]
The long-term economic impact of the UK’s decision to leave the EU is highly uncertain and well outside the predictive powers of politicians and so-called experts. However, shorter term, it is clear that confidence is taking a body blow. Over the next weeks and months we can probably expect both internal and external investment in […]
As more and more providers start to reveal their stance on the charge cap and removal of commission and active member discount pricing, we thought it would be worthwhile to look at what these are, and the steps businesses should be taking to prepare for this.
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