This week’s mortgage announcements might be summarised as “small rescue operation – not many saved”.
Inflation has reached 9 per cent on average for pensioners with rises in food, energy, fuel and council tax, according to research by Alexander Forbes Annuity Bureau.
The recent case of the IFA who was taken to task over his supervision of a pension transfer specialist brought to mind the whole concept of outsourcing and delegation. In the case in question, the IFA admitted that he was not competent to challenge the advice given by the specialist, so to supervise this individual he would have needed a competent person to review his work. If a principal of an IFA firm is not well qualified or deemed competent, how can they even consider complex enquiries?
Disappointing weather is not the only thing currently making people think about fleeing the UK’s shores.
By Steve Webb, director of policy and external communications The ninth Royal London Policy Paper discusses how thousands of mothers are missing out on state pension rights when they don’t have to Earlier this month we published the ninth Royal London Policy Paper, entitled ‘Mothers Missing out on Millions’. It focuses on the thousands of mothers […]
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With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]