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Succession seals £5.3m advice acquisition

Advice consolidation business Succession has completed a £5.3m deal to acquire Buckinghamshire-based firm Michael Moore Life & Pensions. The acquisition of the firm, which has £150m in funds under management, is the 22nd made by Succession in total. The company is targeting a further nine deals for member firms in 2016 and 50 by the […]

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Leader: Pension freedoms – success or failure?

Are pension freedoms failing? Judging by the £900m that has gone to Treasury coffers as a result of the reforms, and the fact this is 28 per cent up on the forecasted tax take, the Government would no doubt say pension freedoms are working very nicely, thank you. Of course this is not the only […]

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ScotWids moves to address pension service failures

Scottish Widows has moved to address administrative failures that saw it break service standards and led to delays in collecting pension contributions. The first report published by its independent governance committee reveals the provider was unable to complete transactions within its published service standard of five days. The IGC report says the pension freedoms “created […]

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