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
The rise of ethical funds and sustainable investment brings into question just how broad and subjective the space can be One of 2018’s most-used buzzwords in investment has been “ethical”. The rise in popularity of environmental, social and governance investing has been widespread, and in 2017 more than £1bn of net retail money flowed into […]
The Personal Investment Management and Financial Advice Association has published an updated version of its Mifid II feedback template and guide. Both documents jointly authored with the Tax Incentivised Savings Association were originally issued for industry comment in June 2018. The updated template and guide reflect the feedback received from Pimfa’s product governance and template testing working groups. […]
Legal and General Assurance Society has apologised to a client for making repeated mistakes in the information it gave about the amount of tax free cash he could take. In a ruling from The Financial Ombudsman Service, Mr M complains L&G’s errors resulted in the need for him to return funds and caused him “significant trouble” and […]