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Later life lending advice should be part of pension lump sum conversations, says Key
Key urged IFAs and wealth managers to provide later life lending advice to ensure a holistic approach to retirement planning.
Later Life Lending
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Beverley Building Society enhances SIPP income assessment
The new approach lets customers use up to 8% of their SIPP pot depending on age and gives a more tailored view of pension income.
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Report warns workplace pensions could be consumed by rent in retirement
Hymans Robertson is calling for closer links between pensions and property ownership after analysis suggested minimum workplace pension contributions could be entirely absorbed by rental costs in later life.