Confusion remains about whether retirees aged under 55 in drawdown can switch provider without triggering a tax charge, Hornbuckle Mitchell says.
The self-invested personal pension provider said the wording of the regulations which raised the minimum retirement age - from 50 to 55 - in April is ambiguous when it comes to transferring pensions to...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.