The government’s free Pension Wise advice service for pension savers has revealed the top five questions asked by those planning their retirement. The service was set up when the government introduced pension freedoms for the over 55s in April 2015. The aim was to offer guidance about how to access their pension cash and plan […]
Free-Spending Pensioners Risk Running Out Of Cash
November 6, 2015
A think tank is warning that retirement savers in other countries with flexible pension freedoms like the UK often run out of money by the age of 75 years old. The study looks at what might happen if UK retirement savers cash in their pensions in the same way as those in the US and […]
Isle Of Man QROPS May Get Flexible Access
September 17, 2015
Isle of Man Qualifying Recognised Overseas Pension Scheme (QROPS) savers look set to win the same pension freedoms that are available in the UK. The Tynwald, the Isle of Man’s government has voted to back a motion supporting the introduction of flexible access pensions run on a similar model to those enjoyed in the UK […]
