Tag: Pension

In a sign that bosses might have been aware of the imminent collapse of high street mum and baby store Mothercare was on the...

Pension withdrawals show no sign of flagging even though cash taken from pots dropped slightly in the past year. The latest official data from HM...

Pension regulators are chasing their own tails over the right of retirement savers to manage their own money. The issue providers, savers, advisers and regulators...

Gibraltar has moved up to the seventh most popular QROPS destination for British expats switching their retirement pots offshore. With seven new pensions opening in...

Millions of workers could miss out on retirement money stashed in lost pensions, pension experts are warning. Three out of four workers claim that they...

Employers were offering record £260,400 pension transfer values at the start of September before the value of golden goodbyes dropped dramatically. The peak was hit...

Retirement savers are finding their plans to plough money into pensions are stifled by prices rising slower than wages. The annual increase in the lifetime...

The fuss about transfers from direct benefit pensions shows no sign of abating despite action by consumer watchdogs to cool the market. The Financial Conduct...

The latest HM Revenue & Customs QROPS list for expats with offshore pensions HMRC QROPS List - By country Country No of QROPS Australia 1026 Austria 4 Barbados 1 Belgium 1 Bulgaria 3 Canada 2 Denmark 2 EU Institution 1 Finland 1 Germany 8 Gibraltar 31 Guernsey 61 Hong Kong 10 India 13 Ireland 69 Isle of Man 358 Jersey 62 Kenya 2 Latvia 3 Liechtenstein 2 Luxembourg 2 Malta 36 Netherlands 50 New...

Money is a taboo topic for tens of thousands of retired couples who keep financial secrets from their partners. Rather than paint a rosy picture...

Three scammers who tricked more than 200 savers to switch £12 million of retirement cash to a pension liberation scam have been banned from...

Few of savers put enough cash aside to fund a comfortable retirement, but studies suggest this is because most people don’t understand how much...

Sensible spending in retirement is not all about budgets and spreadsheets but the order in which money is spent as well. That’s why working out...

The first new QROPS offshore pension since April 2018 has opened in Canada. The IAG Saving and Retirement Plan marks a return to the fold...

Plans to raise millions of pounds from retirement savers from the QROPS overseas transfer charge have flopped. HM Revenue & Customs forecast a £125 million...

The latest HM Revenue & Customs data for expats with QROPS offshore pensions. HMRC QROPS List - By country Country No of QROPS Australia 987 Austria 4 Barbados 1 Belgium 1 Bulgaria 3 Denmark 2 EU Institution 1 Finland 1 Germany 8 Gibraltar 32 Guernsey 62 Hong Kong 8 India 12 Ireland 70 Isle of Man 356 Jersey 60 Kenya 2 Latvia 3 Liechtenstein 2 Luxembourg 2 Malta 36 Mauritius 1 Netherlands 43 New...

Falling gilt yields are impacting on the values of pension funds, according to new data. Long term gilt interest rates have dropped 0.3% since the...

Retirement savers switching their defined benefit funds have been offered the highest golden goodbyes ever by their company pension schemes. Average transfer values hit a...

Saving for retirement used to mean putting money aside to fund  a financially comfortable old age, but no more. Today’s over 55s are increasingly spending...

British expats can transfer their UK pension savings to a pension in another country - but they could fall foul of tax implications. HM Revenue...