MT Financial News - August 2014

From time to time, we produce information for clients on a number of topical and important issues, some of which can be found below:

Early release pension victims warn of pitfalls

Victims of pension scams have told of the devastating impact of losing thousands of pounds in retirement savings as part of a campaign designed to prevent more people being tempted into accessing their pension savings early.

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£530m ‘set to be wasted in inheritance tax’

Up to £530 million is set to be wasted in inheritance tax (IHT) this year by individuals not placing life protection policies under trust, according to new research.

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Retirees seeking blended’ solution, survey finds

Almost three-quarters of advisers (72 per cent) say that clients have started to request pension products offering a guaranteed income and future flexibility since the 2014 Budget, with many considering a combination of retirement income products.

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