We are a specialist pensions provider and are part of the UK's largest mutual life and pensions company, Royal London. We believe in independent financial advice and don't sell our pensions direct.
The draft bill introduces a brand new retirement option, re-instates the ones they forgot about and restricts tax relief on contributions made by some individuals who are taking benefits.
From 6 April 2015 there will be a new form of income drawdown available alongside existing capped drawdown and short-term annuities. We look at the rules surrounding each.
The option from April 2015 to take an Uncrystallised Fund Pension Lump Sum (UFPLS) is subject to certain conditions. We explain in detail here.
The Treasury has published the decisions it has made as a result of its consultation on "Freedom and Choice in Pensions".
Business Development Manager
26 June 2014
This was the inevitable maternal response whenever I tried to avoid getting into trouble by blaming a friend. Likewise if retirees decide to buy a financial product after taking guidance, it will be their decision and the consequences will be their responsibility.
Investment Development Manager
31 January 2014
In the last five years we have seen a massive rise in the number of advisers recommending centralised investment propositions. Lorna Blyth looks at the benefits for clients, how advisers can ensure they meet FCA requirements in this space and what the future for CIPs could look like.
For professional advisers only