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Ombudsman backs Prudential over transfer to suspect scheme

Prudential has been cleared of any wrong-doing by the Pensions Ombudsman after it granted a...

MPs to probe pensions freedom advice and guidance

Members of the work and pensions select committee are to launch an inquiry into advice and guidance available to retirees following...

FSCS pushes regulators to increase £50k SIPP protection limit

The Financial Services Compensation Scheme (FSCS) wants to increase protection limits for self-invested personal pension...

QROPS market needs ‘continuity and calm’ to properly develop

The fanfare which followed the introduction of Qualifying Recognised Overseas Pension Schemes (QROPS) in 2006, and the plethora of jurisdictions and pension scheme providers...

Govt closes Summer Budget annual allowance ‘loophole’

The government has introduced anti-avoidance measures to stop people using salary sacrifice to ‘lower' their...

Guaranteed retirement income must be ‘default option for DC savers’

The government should ensure a decent guaranteed income is the default option for defined contribution...

Industry fears scrapping upfront pension tax relief is ‘foregone conclusion’

Industry figures have warned the green paper on pensions tax relief published last week is...

Ex-Labour pensions man Gregg McClymont joins fund manager

Gregg McClymont, Labour's former shadow pensions minister, has joined Aberdeen Asset Management as head of...

Pensions freedom: Savers extract £1.8bn in first two months

Savers used pensions freedom and choice reforms to withdraw £1.8bn from pots in its first two months of operation, data from the Association of...

The Budget pension tax anomaly that gives with one hand and takes with the...

In his latest Budget speech, Chancellor George Osborne announced he will cut the annual allowance for those earning £150,000 and above gradually from £40,000...
 

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