Scottish Widows has launched a website dedicated to helping people understand their retirement options post-April 2015 in light of the Budget changes.
The provider said the site would assist both consumers and advisers as they deal with people in the run up to retirement. It said advisers would be able to use the site during conversations with clients to both help them explain the changes and to give clients a point of reference for further exploration of their options. The interactive site includes a selection of case studies and a calculator to help people understand the tax implications of taking cash out of a pension in one go. It also includes information on state and private pension benefits. The site links to official guid...
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