Legal & General is to launch a new fixed-term annuity to help savers limit the income tax they pay when accessing their pensions after April.
Reforms risk “descending into chaos” unless Government publishes estimate.
RBS has reported a loss of £3.5bn in 2014 as costs associated with the disposal of its US bank Citizens and misselling provisions weighed on the firm.
Provider predicts annuities will hit pre-Budget levels in just two years’ time.
Davies will step down from his roles at Phoenix and Morgan Stanley.
Wealth manager has £16.7bn funds under management.
Commission paid to advisers is an “open sore” that continues to undermine confidence in the insurance industry, ABI chair and AXA UK group chief executive Paul Evans says.
Latest ‘value index’ from Vanguard suggests clients value their adviser more than a year ago.
Some advisers really cannot handle a proper discussion.
Where does the generous proposition fit into financial planning?
The FOS will bend over backwards to find a way to allow a complaint to be brought outside the usual time limits.
The cash value of annuities will come as a surprise to many. But should people be allowed to sell?
The road is buying distribution is littered with expensive mistakes.
After several false starts, higher capital adequacy requirements are on the horizon.
Mortgage trade bodies have shed doubt on fears that the Bank of England is about to cut interest rates.
Weekly Adviser View
Gone are the days of clients - and commission - funding your business.
We are finally seeing the reinstitution of the Victorian values of which Thatcher dreamed.
The UK has no agency or force capable of preventing a tidal wave of fraud and theft of pension money post-April.
SEI Wealth Platform’s Brett Williams highlights the opportunities and challenges facing wealth managers and advisers.
Most recent comments
Trade Body View
It is about time the implications on the advice profession are recognised.
As investors near retirement even the disengaged will need to wake up and smell the coffee.