The rising cost of a pension transfer
Fees paid by individuals transferring out of their defined benefit pension scheme have hit their highest levels since 2018, according to XPS.
Trusts to benefit from scrapping of 20% bond tax from April 2017 (IFA)
Bond fund investors will no longer be hit with a 20 per cent tax bill on the interest paid from investment companies when new tax rules come into effect next year. (IFA)
Pension Pot to Pay IFA “bad idea”?
Advisers have warned of the flaws in a proposal in the Financial Advice Market Review (FMAR) final report which suggested savers should be allowed to dip into their pension pot to pay for advice from IFA.