The £1.25m lifetime cap on tax free pension savings will affect workers who retire on anything from £20,000 a year, meaning those who start to save early could face tax charges of 55% when they retire, according to new research.
The UK has slipped four places to 22 in a global survey looking at the countries with the best and worst retirement security.
A presentation given by an IFA at a ‘money club' is set to cost the firm £45,000 in compensation after the Financial Ombudsman Service (FOS) ruled its slide show strayed into advice.
The Financial Services Compensation Scheme (FSCS) has declared one former network and nine other advice firms in default.
With markets like these, what's an investment adviser to do?
A fifth of UK workers are facing a significant shortfall in their retirement incomes as a result of the 2008 economic crash, according to HSBC research.
The government's new bonds for the over 65s have seen the biggest opening sales of any retail financial product in Britain's modern history, after more than 110,000 customers invested in the products, National Savings & Investments (NS&I) has said.
National Savings & Investments (NS&I) has been accused of underpreparing for the launch of its pensioner bonds after its website temporarily crashed shortly after they went on sale.
Retirement Planner has launched of a series of breakfast briefings aimed at advisers operating in the retirement planning space.