I have a paid-up executive pension plan which offers me the potential of taking a substantial amount of tax-free cash. I am actively contributing to other pension policies and am thinking about consolidating the arrangement. Will the new pension legislation have any effect on this?
Last week, I considered the choices that advisers need to make regarding regulatory status approaching D-Day. This week, I will continue to explore the two key components in the overall financial plan – investment management and tax planning.
The ABI has put together new guidelines on handling complaints in a bid to improve the industry’s treatment of consumers. It wants to understand more about why cases end up at the Financial Ombudsman Service and what firms should be doing to handle cases better. It says it has made an effort to get its […]
Different growth cycles require different investment strategies. In this short video, Trevor Greetham, Head of Multi Asset at Royal London Asset Management, explains how he implements this across the RL GMAPs using the Investment Clock. Click here
A weekly account of the curious goings-on in the world of financial services A hostile climateOn the same day the Prudential Regulation Authority put out a policy statement on the financial risks of climate change and five London landmarks were ground to a halt by climate protesters, it was starting to feel like a bit […]
Understanding the impact of cutting the dead wood Nothing sells funds like performance. Despite all the regulator’s railings that past performance is no guide to the future, we see flows being directed to the funds at the top of the league tables time and time again. There are, of course, far too many funds out […]
The Department for Work and Pensions has published its first round of guidance to help trustees resolve unequal guaranteed minimum pensions today. A GMP is the minimum pension that an occupational pension scheme, contracted out of the additional state pension between 6 April 1978 and 5 April 1997 on a salary-related basis, has to provide […]