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Wells Street Journal: Pension experts escape to the Caribbean

It seems the heat produced by the roll out of the new freedoms is not enough for some pension experts who have swapped mild Blighty for the tropical heat of the Caribbean. Fidelity Worldwide Investment retirement director Alan Higham and LEBC group savings and investment divisional director Glynn Jones are due to fly to Grenada […]

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NAB set to offload Clydesdale and Yorkshire Banks

National Australia Bank is set to let go of Clydesdale and Yorkshire Banks and float part of the business. As part of its de-merger plans, NAB will transfer 70-80 per cent of its shares in Clydesdale, which includes Yorkshire Bank, to NAB shareholders. The remaining 20-30 per cent will be floated on the stock exchange. […]

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Should savers be given free advice ‘voucher’ at retirement?

Ukip has been accused of “mollycoddling” retirees after proposing to offer a guarantee of free financial advice to protect savers following the introduction of pension freedoms. Nigel Farage’s party unveiled the plans last week as part of their manifesto launch. One idea being considered would see retirees given a “voucher” to spend on advice. The […]

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