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Savers to be surveyed on pension exit fees as part of plans to remove 'barriers' to freedoms

Members of the public have been asked to share their experience of exercising their new freedom to access pension savings more flexibly as part of a UK government investigation into "barriers" stopping them from taking advantage of the new regime. 31 Jul 2015

Pensions Ombudsman supports inaction on guaranteed minimum pension equalisation

A pension scheme was not at fault for failing to ensure guaranteed minimum pension (GMP) benefits were calculated in a non-discriminatory way for men and women, given that the issue "generally remains unresolved" in the UK, the Pensions Ombudsman has said.... 29 Jul 2015

Out-Law Guides

ABI figures point to 'responsible' use of UK pensions freedoms, says expert

UK pension savers withdrew more than £1.8 billion from their pension posts in the immediate aftermath of changes to tax rules, but research by the insurance industry shows that savers are taking a "mature" approach to providing for retirement, an expert has... 17 Jul 2015

UK government plans for further pension tax reform could remove tax advantages for savers, says expert

Changing the way in which pension saving is taxed to make the system "more like ISAs" would remove some of the tax advantages that encourage people to save towards retirement in the first place, an expert has said. 10 Jul 2015

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