Improving retirement income options
The Association of British Insurers (ABI) has today published policy proposals intended to improve peoples’ options for taking retirement income from their Defined Contribution pensions.
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The Association of British Insurers (ABI) has today published policy proposals intended to improve peoples’ options for taking retirement income from their Defined Contribution pensions.
Financial Planner is the official magazine of the Institute of Financial Planning. Each month they publish a ficticous client case study and invite two Certified Financial Planner (CFP) professionals to provide a response.
As we start to pour over the detail in the Pre-Budget Report, our initial reaction is that pensions appear to have escaped quite lightly. There were several pension announcements within the Chancellor’s speech and the report.
Back in the 1960s, the original hippies celebrated “flower power”. As this generation approaches retirement, a new ‘HIPpy’ spirit has emerged. HIPpy in this context refers to the ‘Home Is Pension’ mantra so common amongst Britain’s over-50s.
Informed Choice chartered financial planner Nick Bamford was featured in an article on thisismoney.co.uk recently, answering a question from a reader about what will happen to his annuity fund when he dies.
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