Experts concerned over raising Pension Freedoms age to 57

 

Industry experts have expressed concern about the Government’s confirmation it will legislate to increase the age the Pension Freedoms can be accessed from 55 to 57 from 2028.

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NHS to pay tax bills to get doctors back doing overtime

The Government has promised doctors in England that their tax bills will be covered by the NHS in an attempt to get them to do overtime shifts.

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PFS brands FCA retirement figures ‘alarming’

The Personal Finance Society (PFS) has branded the findings of an FCA survey, released yesterday, which showed nearly 50% of pension savers accessed their pension pots in the past 12 months without taking any regulated advice or guidance, “alarming”.

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Financial Planner slams DWP ‘revolving door’ as Rudd quits

The resignation of Amber Rudd as Work and Pensions Secretary on Saturday night triggered the appointment of the sixth DWP boss since 2016 prompting Financial Planner Quilter to hit out at the “revolving door”.

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