Recommended

Antonio-Horta-Osorio-700x450.jpg

Govt sells down stake in Lloyds after rally

The Government has capitalised on a rally in Lloyds Banking Group shares following last week’s election result and reduced its stake in the bank to below 20 per cent. The Financial Times reports the Treasury will say as early as this week that it has cut its stake in Lloyds from 21 per cent to […]

Kevin-Ronaldson-BellPenny-700x450.jpg

Bellpenny acquires two more advice firms

Adviser consolidation firm Bellpenny has completed two further IFA acquisitions for an undisclosed sum. The deals, for Caledonia Edinburgh Limited and Midlands-based firm Rawson Steele IFA, add £84m in funds under management to Bellpenny. The business as a whole is now responsible for over £3bn in investor funds. Caledonia Edinburgh adviser Lynn Healy will transfer […]

Zurich-building-2012-700.jpg

Zurich transfers annuity book to Rothesay Life

Zurich UK Life is to transfer its legacy portfolio of £1.2bn of annuities to specialist insurer Rothesay Life for an undisclosed fee. Under part seven transfer rules the transfer, of around 28,000 policies, is subject to a review process by regulators and courts before it can complete. Zurich has not actively promoted annuity sales since […]

Senior man is standing in the kitchen of his home with bills in one hand and a cup of tea in the other. He has a worried expression on his face.

Official figures show shocking disparity in pensioner incomes

Our recent analysis of HMRC figures has highlighted shocking disparities in pension incomes throughout the UK. Our recent analysis of HMRC figures has highlighted shocking disparities in pension incomes throughout the UK. HMRC’s Personal Incomes Statistics 2015-16 show that while the top ten local authorities for pension income are all in London or the South East, […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment