Research carried out by a platinum IFP corporate member suggests the proportion of retirement funds to be taken as cash will on average only be marginally higher than the tax-free allowance.
Wrap platform Nucleus has reported that more than six in ten of its members are expecting their client numbers to rise this year.
The period of deflation experienced in the UK was halted last month, with CPI rising by 0.1% in the year to May 2015, official figures published this morning have shown.
The list of Recognised Overseas Pension Schemes notifications will be temporarily suspended from tomorrow, HMRC has said.
The FCA fined firms over £1.47billion in 2014, which was about treble the amount of the previous year.
Legal & General is keeping tight lipped on speculation over a possible sale of Cofunds.
A retirement planning specialist has suggested the Chancellor was wrong to intimate that £1bn withdrawn from pension funds since the April reforms constitutes a success.
Investment trusts investing in peer-to-peer lending will be eligible for ISAs after restrictions were dropped.
FCA chiefs have reiterated their desire today to tear down the obstacles blocking the path for finance firms wanting to use digital and mobile technology to innovate.
The Chancellor has announced the Government is to take action to “strengthen people’s rights to access their pensions flexibly”.