Standard Life Aberdeen-owned platform Parmenion has removed its initial fee and initial dealing charges for new business and top-ups. Parmenion previously charged a 0.25 per cent initial fee, as well as an initial 0.9 per cent dealing fee on active solutions. The initial charges have been removed across all wrappers and products including Sipps and drawdown. […]
Race for talent hots up but top planners are still at a premium
Prominent financial planner Julie Lord has used a speech at the Personal Finance Society’s Festival of Financial Planning to warn that, without financial education, the pension freedoms will end up hurting consumers and the advice community. Lord, who sits on the PFS’s practicioner panel and chairs Prestwood’s board, said “the bomb has already gone off” […]
At a recent lunch with both the head and commercial proposition director at one of the platforms we use, we somehow ended up on the topic of truths, half-truths and misconceptions we had heard about platforms over the years. I personally do not think there has been a single innovation that has brought as much […]
In this guide, Johnson Fleming reveals what items you need to understand to gauge the impact of auto-enrolment on your business. The guide focuses on: the impact that your auto-enrolment scheme will have on you; assessing your workforce; understanding your staging date; reviewing your current provision; and modelling contribution levels and costs.
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