Over-55s withdraw £6bn in first year of UK pension freedoms
Annuity sales revive as retirees recover faith in guaranteed income.
Annuity sales revive as retirees recover faith in guaranteed income.
As the days count down until Budget 2016, the pensions world is buzzing with speculation on the future of pensions tax-relief.
The Centre has contributed a chapter to a discussion paper, “Ageing population and financial services”, published by the Financial Conduct Authority.
The savers who have already exercised their pension freedoms will no longer be the target of politicians.
New research on the role of guaranteed income in shaping people’s experience of retirement.