Laughing all the way to the bank. Vickers proposals for industry ‘wide of the mark’. Read more >

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£797bn a year wiped out in unnecessary costs. Managed funds charging too much in fees. Read more >

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7th April 2011

Retirement Annuities

At the start of the new tax year on 6 April 2011, the government scrapped the requirement to buy an annuity at age 75 and introduced two alternatives, capped or flexible drawdown, to replace unsecured pension and alternatively secured pension. … Continued

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Read this article on the ft.com website.

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