If there is a straight choice between flexi-access pension drawdown and uncrystallised funds pension lump sum, flexi-access wins by a country mile in virtually every situation. The Treasury prefers to ...
The Financial Conduct Authority’s analysis of pension freedoms data has found that take-up is high, with over 204,581 customers accessing their pension savings – almost 70,000 people a month – ...
Standard Life Aberdeen has called on uncrystallised funds pension lump sums (UFPLS) to be scrapped. It made the call in its submission to the work and pensions select committee inquiry into the ...
Earlier this week, the Financial Conduct Authority published three papers within one, very busy, day and it is unlikely this will slow down in the run-up to the pension freedoms. These are the five ...
With a flurry of reading material and a hailstorm of new acronyms, the draft Taxation of Pensions Bill has been published for consultation. There’s a very short deadline for comments, so it’s ...
Are you ready to draw your pension but mystified by the jargon involved? Just what on earth do 'UFPLS', 'decumulation', 'MPAA' or 'flexi-access drawdown' mean - and why should you have to learn all ...
Just what on earth do 'UFPLS', 'decumulation', 'MPAA' or 'flexi-access drawdown' mean - and why should you have to learn all this stuff just to get your hands on your own retirement savings. Research ...
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