Aberdeen Asset Management has reported net outflows of nearly £9bn for the latest quarter, including a single client withdrawal of about £4bn.

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An extra £1 million prize will be up for grabs in the Premium Bonds prize draw from the end of this week, arising from the Budget reforms.

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Nearly 90% of key annuity providers and pension experts believe that pensions will be withdrawn as lump sums for purposes other than retirement income following the Budget reforms. Read more ...

Assets under management at Parmenion have shot through the £1bn barrier in the past financial year.

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New research has shown that consumers should not be shunning annuities on the basis of value for money, according to the International Longevity Centre UK.

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'Give us what you owe or risk heavy legal costs' is the message today from HM Revenue and Customs to users of 16,000 tax avoidance schemes.
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A mother whose son committed suicide after falling prey to pension fraudsters has spoken of her devastation as a new campaign against the crime was launched today.

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The idea of a 'pensions passport' to help individuals keep track of their pension pots has been backed by senior figures in the industry. Read more ...
Financial Group has been banned from employing new advisers for four and a half months due to serious misconduct. Read more ...

A crackdown on pensions liberation has led to HMRC rejecting 362 pension scheme applications in the last nine months.

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