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Warning over boom in pension texts and cold calls

The Information Commissioner’s Office has raised concerns over the increase in the number of people receiving cold calls or texts about their pensions. It says it has received over 1,000 complaints since last Christmas. Of these, 434 complaints were about live calls, 445 were about automated calls and 67 on spam texts. In addition, Which? […]

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Rathbones’ Q1 outflows hit £414m

Rathbones’ total funds under management rose 6.3 per cent to £28.9bn at the end of the first quarter, but outflows at the unit were up 17 per cent. Total funds grew from £27.2bn in December 2014, rising 26.8 per cent year-on-year, according to the firm’s results for the first three months of 2015. However, outflows at the division […]

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Advisers back Tories as election looms

A poll of more than 1,200 Money Marketing readers has found overwhelming support for the Conservaties, with distant rivals being Ukip. Some 52 per cent of those polled said they would vote Conservative, while 15.5 per cent pledged their backing to Nigel Farage’s party. The figures represent a marked contrast to national polls where the Conservatives […]

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Advisers slam Now: Pensions over £500 employer exit fee

Automatic enrolment provider Now: Pensions has come under fire for hitting employers with an exit fee if they choose to switch to a different scheme within two years. Under scheme rules in place since it launched in 2012, employers who decide to switch provider within the first 24 months have to pay a fine depending […]

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