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Pension decision period extended so savers can take advantage of new flexibility

People who have recently withdrawn a tax-free lump sum from their defined contribution (DC) pension savings will be given longer to decide what to do with the balance, allowing them to take advantage of next year's reforms, the government has announced. 10 Apr 2014

Industry right to focus on need for effective financial 'guidance guarantee' as part of pensions reform, says expert

UK insurers could be faced with another mis-selling scandal if the government does not properly implement its plans to offer every pension saver in the country "free, impartial, face to face financial guidance" at the point of retirement, an expert has said.... 09 Apr 2014

Out-Law Guides

Pensions Regulator confirms investigations of seven UK pension schemes following record-keeping review

The Pensions Regulator has opened seven case investigations into pension scheme record-keeping practices following a wide-ranging review of UK schemes, it has announced. 01 Apr 2014

UK pension scheme annual management charges to be capped at 0.75% from next year

Management fees on default funds in defined contribution (DC) pension schemes will be capped at 0.75% of funds under management from April 2015 as part of a package of measures aimed at delivering value for money for pension savers , the UK government has... 28 Mar 2014

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