Calls for self-employed to access pensions advice allowance

National advice firm LEBC has called on the government to extend the pensions advice allowance to the self-employed. If extended, the self-employed could claim up to £500 in three separate tax years to fund their pensions advice. This amount is currently only accessible to company employees, leaving the self-employed to pay for their own financial advice. LEBC has […]

Ian McKenna: How short-term savings apps can help boost pensions engagement

Consumers spend far more time concerned with their day-to-day banking and budgeting than they do thinking about their long-term savings Aberdeen Standard head of retirement Gregg McClymont’s recent Money Marketing column  correctly identifies the challenge of achieving consumer engagement with pensions. A pensions dashboard solely accessible via the single guidance body is doomed to failure even before […]

Newell Palmer adds £35m with Macclesfield IFA

Newell Palmer has bought Macclesfield IFA The Acumen Investment Partnership, its 50th acquisition since being set up 25 years ago. The deal adds £35m in funds under management. Acumen’s 119 clients will be serviced by advisers at Newell Palmer’s Wolverhampton office. Acumen senior partner Nick Cosby is retiring from the business. Newell Palmer finance director Kevin […]

Fund managers line up new value statements for clients

With nearly a year and a half still to go until the FCA’s deadline, fund groups are already lining up how they will deliver the prescribed value statements to clients. As part of its asset management market study earlier this year, the FCA imposed a new requirement on asset managers to review and document to […]