The Retirement Strategy data pages are designed to offer a wide ranging view of the current annuity rates being offered from providers including impaired, flexible and asset-backed annuity options. The pages also put current rates into historical context, offer the latest annuity best-buy tables and give a general overview of the type of products each provider currently offers.
The Financial Services Consumer Panel is researching the merits of introducing regulated products amid concerns that half of consumers will not pay for advice after the RDR. In a briefing document seen by Money Marketing, the consumer panel says it is commissioning research to understand the benefits, risks and potential scope of regulated products in […]
The Department for Work and Pensions has published an information note in a bid to encourage more employers to consider risk-sharing options rather than closing down final-salary pension schemes. It outlines a range of risk-sharing arrangements available and gives case studies of firms that have schemes. The report explains that cash-balance schemes, used by firms […]
By Fiona Tait, pensions specialist The chancellor’s announcement of proposed cuts to the Money Purchase Annual Allowance means it will be more important than ever to be able to tell your PCLS from your UFPLS What was in the statement? Not much. The chancellor spared three sentences to inform us that the Money Purchase Annual Allowance will be reduced […]
This year has seen women stand up and make sure they are recognised for their achievements. The Chartered Insurance Institute’s Insuring Women’s Futures programme, Women in Protection network and a wave of awards events focused on the triumphs of women in the industry have set the trail blazing for females in financial services. The passion […]
The Financial Ombudsman Service has issued several preliminary decisions in favour of three claimants who invested more than £36,000 into the Ethical Forestry scheme through Liberty Sipp. The investments were made after being approached by introducer Avacade, which cold called the clients and discussed moving their pensions with them. The FOS adjudicator finds Liberty Sipp […]
Wealth manager Brewin Dolphin has acquired a Hampshire-based IFA firm Allwin Tax Planners and Portfolio Managers to join its recently opened Winchester office for an undisclosed sum. Allwin’s team, comprising of two planners and support staff, will move to Brewin’s Winchester office upon the deal’s completion in 2019. Allwin co-director David de Kretser wrote it […]