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Pension reciprocation ‘unlocking’ banned by the High Court 20 Dec 2011 | 06:28 am
Pension reciprocation schemes that unlock funds before investors are aged 55 are illegal, the High Court in London has ruled. Around 400 pension savers who have taken £25 million from their pensions ...
High Court to rule if pension unlocking is legal 29 Nov 2011 | 06:09 am
Retirement savers who have transferred funds in to pension unlocking schemes will find out if they have lost millions to worthless investments in the High Court. The court will decide whether pension...
Pension reciprocation D-Day is a no-win for investors 11 Oct 2011 | 09:59 pm
D-Day is approaching for pension reciprocation schemes – and whatever the result, the smart money is on a financial no-win for retirement savers involved in the market. The High Court is scheduled to...
What is a Pension Reciprocation Plan? 10 Feb 2011 | 10:00 pm
A pension reciprocation plan is a scheme designed to unlock the cash locked away in a UK pension fund. Like all pension products, a pension reciprocation plan (PRP) sounds great on the surface. A PRP...
