Threadneedle has signed an agreement with Invesco Perpetual to acquire its full service defined contribution pension business with total assets of £470m. Threadneedle first launched its DC product in 2001 and manages pension funds for over 100 clients with total assets of around £1.3 billion. Threadneedle says it intends to grow its DC business and […]
Scottish Widows has apologised to 7,000 personal pension customers after mistakenly sending out letters telling them that their monthly contributions would be increasing.In one case, an adviser says his client got a letter saying his monthly pension contribution would be doubling from £150 to £300, although neither the client not the adviser had requested this.Widows […]
There are plenty of office parties and Christmas events going on at this time of year. But have no fear – you can still stay healthy while going out and enjoying yourself, with a little bit of planning!
Along with all the other firms that provide advice on defined benefit transfers, we received our questionnaire from the FCA about the quantity and nature of cases we have handled since 2015. By the time you read this, the deadline for its return will have passed and those under scrutiny will have breathed a collective […]