Savers with drawdown accounts will not be forced to increase the amount of income they take in the event of bankruptcy, the Insolvency Service has confirmed. In March, the Government said “undrawn” pensions were out of debt collectors’ reach. But the definition of undrawn was not made clear. However, in an email seen by Money […]
7IM has launched a direct platform for orphan clients who no longer have an adviser. The wealth manager says it was seeing demand from orphan clients and did not want to turn them away if they ceased to have a relationship with their adviser. The fee structure is the same as for its advised clients, […]
Deutsche Bank is set to be hit with a fine worth more than $1.5bn(£1.02bn) in what would be the biggest penalty imposed for manipulating Libor. The German bank is in negotiations with agencies in the UK and US to settle the allegations in which a Deutsche Bank subsidiary could also plead guilty as part of a […]
The Government has spent £37,000 developing a “brand indentity” for guidance service Pension Wise. It paid £22,000 to Jigsaw Research “for the provision of research to test brand names, logos and straplines” for the service and £15,000 to Red Stone Design for similar work on the name and “brand identity”. The contracts were awarded at […]
Royal London commissioned Opinium to run our State of the Protection Nation research to find out how people felt about their own protection needs and the industry as a whole.
- Top trends
- Top trends
- How much are advisers charging for pension transfers?
- Advisers question SimplyBiz membership amid rising costs and declining offerings
- Nick Bamford: Re-platforming problems exposing the dinosaurs
- IFS director: Inheritance increasingly determines wealth in UK
- FCA and CII announce new exam to ‘reassess’ Level 4 qualifications
News and expert analysis straight to your inboxSign up