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Six hundred advice firms adopt PFS DB transfer standard

More than 600 firms have signed up to the Personal Finance Society’s new standard aimed to improve defined benefit transfers since its launch last month. It consists of consumer guide for DB transfers that is meant to help consumers better understand what to expect from regulated financial advice. The guide defines an adviser code based […]

Fundscape and Altus form new joint venture

Research house Fundscape and consultancy Altus are set to launch a new joint venture to offer technology solutions to advisers, fund groups and platforms. Money Marketing understands that a number of software solutions are already being worked on. A new company is set to be launched in the next few months, with Fundscape set to […]

Croydon (the sequel) and hitting the Headlines: The Wellesley Grove Journal

A weekly account of the curious goings-on in the world of financial services Croydon (the sequel)You are currently reading the second edition of Money Marketing to be produced from our shiny new base in Wellesley Grove, Croydon. The teething troubles of any office move, you will be relieved to know, are now well and truly […]

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British Steel on brink of collapse, reports suggest

British Steel could lapse into administration within days if an emergency government loan fails to materialise, according to reports. Sky News reports that British Steel – the second largest steel producer in Britain – is preparing for insolvency on Wednesday, with suggestions that it is becoming increasingly unlikely that funding will come through to safeguard […]

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There is one comment at the moment, we would love to hear your opinion too.

  1. Chris de Luca 4th June 2019 at 1:25 pm

    Mooted many years ago, it was a bad idea then and it is now – unless you want to continue to artificially inflate house prices. People do not save enough for the long term/retirement in any case so why encourage them to save even less? For those who might say that the fund will grow due to houses increasing in value, they are right but what realistic options will retirees have to satisfy their lifestyle requirements (NB the emphasis on realistic)?

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