Retirement

Our industry has an unfortunate reputation for shooting itself in the foot, particularly in the way it often tries to take advantage of attempts by Government to relax pension rules.

An online tax calculator allowing savers to calculate the financial impact of Gordon Brown's 1997 decision to abolish tax credits on pension funds has been launched by Brewin Dolphin.

Only one in ten companies over the next three years are expected to remove their pension scheme liabilities, suggesting an increase in providers has not boosted business within the bulk annuity market.

Aegon Scottish Equitable is preparing for a new series of roadshows to bring advisers up to date with the latest Budget and regulatory changes to the pensions landscape.

The Government has narrowly defeated an amendment to the Pensions Bill to set up a ‘lifeboat fund' for victims of pension schemes which have wound up.

F&C management has been appointed as investment manager for new bulk annuity entrant Synesis Life.

Gordon Brown has refused to apologise for the decision to abolish tax credits on dividends which is estimated to have cost occupational pension schemes around £5bn a year.

Many Eastern European countries, including the Baltic States and Russia, have adopted a flat tax system. The theory behind flat taxes contains two main arguments. First, by having a single rate of tax, the system is simple; people understand what they...

The government's response to a public petition asking for the removal of the 70% tax charge on leftover Alternatively Secured Pension Funds, is a clear signal retirees need to be more innovative, claims Living Time.

HARGREAVES Lansdown has seen a significant increase in both ISA investments and SIPP sales over the last year.