Launch of the new service comes ahead of a surge in the number of employers due to begin auto-enrolment.
UK sales fell 12 per cent driven by a 23 per cent drop in onshore bond sales.
We hosted a series of live MM:Wired TV debates on our website following the FCA’s recent annuities review.
Labour says it would raise up to £1.3bn from cutting the top rate of pensions tax relief.
Firms acting as ‘introducers’ are able to promote unregulated investments without any regard to the suitability of an investment
Labour and the Liberal Democrats could end up in coalition after the next general election.
“Saving more tomorrow” is a great concept but doing it now is even better.
FCA director Nick Poyntz-Wright will be joining us this Thursday afternoon.
Consumers find the annuity process very confusing but introducing a quality mark or kite mark would give them the confidence to engage with advisers
Improving annuity rates is only part of the story but to get the right type of income at the right time generally needs professional advice.
Decision comes in response to tougher Client Money and Asset Return regulations introduced by the regulator in 2011.
Pre-tax profits up from £2.52m to £2.86m during 2013.
Suffolk Life says trust will help advisers and investors with inheritance tax planning.
Sipp administrator says it will not increase its annual management charge until 2016 at the earliest.
Pensions minister said the Government will publish a consultation on the best way to ensure people are not auto-enrolled into higher charging schemes.
Chief executive Joanne Segars has hinted the trade body could move into the annuity broking market
The pensions industry has come under growing pressure from politicians and industry commentators.
Govt charge cap proposals
Former FSA chairman says Government need to commit to a clear timetable to implement the cap.
Labour has written to the PM asking whether the Government has abandoned plans to cap auto-enrolment charges.
Sources say a proposed 0.75 per cent auto-enrolment charge cap will not happen in this Parliament.
The Big Interview
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Capital adequacy rules and a lack of appetite for non-standard investments amongst the big life companies mean true Sipps are becoming scarce, says Central Tax and Trustees managing director Ian Smith.
A fear of investment failure for Ucis funds and a lack of liquidity for property investments appear to be changing Sipp providers’ attitudes to alternative investments.
The Care Bill is reaching its final stages but the Government is still resisting making it mandatory for self-funders to be referred to professional financial advisers to review their options.
Building a business may be your client’s dream, but the self-employed face specific financial planning problems.