Withdrawal activity has spiked again at the start of the new tax year, with data showing repeat claims are becoming entrenched and raising concerns about long-term retirement outcomes.
The changes include the increase in the annual tax-deduction cap, and new annuitisation and living annuity commutation thresholds.
Senior legal adviser Lize de la Harpe unpacks the critical definitions, scope-limits, governance, and reporting obligations of the FSCA’s Conduct Standard.
A little-known legal provision can have major consequences for divorced individuals who do not update their wills.
Employer interventions, including automatic contribution increases and making finance advice more accessible, are required to bridge the retirement age gap.
There is a legal grey area over the calculation of pension interest in divorce settlements and whether funds may now be permitted to make deductions for future maintenance orders.
