Hargreaves Lansdown predicts 400,000 people will access their pension and warns of legal but unregulated firms exploiting savers.
The group’s Retirement Range consists of three risk-rated portfolios; Cautious, Balanced and Dynamic.
LV= wants a £25 charge to be levied on insurers for every existing customer who takes out an annuity.
Overhaul of pension transfer qualifications announced in light of Budget reforms.
In introducing a second line of defence, has the regulator decided the first will not work?
Which life companies will be the winners and losers as they enter the direct to consumer platform world?
The industry needs to come up with more creative ways of delivering guidance.
Some advisers really cannot handle a proper discussion.
Was it wise to offer a “guarantee” of face-to-face guidance for all new retirees?
The auto-enrolment charge cap will come into force from April.
More restrictive investment choices are frustrating high-net-worth investors, the original audience for Sipps.
Promotional Sipp email branded ‘misleading’ by experts.
FSCS will levy advisers for investment failures as part of claims about Sipp advice.
FCA needs to give greater clarity over commercial property status, say providers
Govt charge cap proposals
Chief executive Phil Loney puts true cost of charge cap at £1bn.
Government is also capping charges on auto-enrolment default funds at 0.75 per cent from April 2015.
Pensions minister Steve Webb confirms auto-enrolment charge cap will be in place before the general election.
The Big Interview
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Australia’s experience of pension freedom should be ringing alarm bells here in the UK.
The Certificate in Pension Scheme Member Guidance was designed for administrators but could also be useful for paraplanners and advisers.
The countdown is on to the implementation of the new pension freedoms.
Insurance companies, Sipp providers and investment managers will be chasing the same money from April. But what’s in it for the consumer?