An Association of British Insurers’ survey on pension personal accounts has found 60 per cent fear for the safety of their savings under a centrally administered NPSS compared with 47 per cent for an industry model. Eighty per cent want some choice over who administers their account.
How can we convince consumers that paying into a pension is worthwhile?
Fidelity FundsNetwork has confirmed its lineup for its onshore investment bond.The platform will add 46 new fund links to its range from the end of July, bringing the total to 160 funds.The new fund links will include multimanager funds such as Fidelity multimanager special situations life fund and Gartmore multimanager balanced life fund, Asia-Pacific funds […]
The AMI has found a way round the data protection blockade
It really is incredible that not only have the Tories taken until now to articulate calls for the scrapping of compulsory purchase annuities but that their proposals appear to be so woolly and muddled. Over two years ago, I proposed a pensioner income bond from which the owner/s would be allowed to draw an income […]
Well, it’s been lovely to see a little bit of sunshine, even if it was only a brief appearance. I live in Scotland so, believe me, it was very brief. Of course, with even the tiniest hint of spring, thoughts turn to the inevitable clearout that must take place. And that got me to thinking […]
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The workplace presents a significant opportunity for advisers, yet many are still shunning this sizable market, experts argue. The pension freedoms and auto-enrolment have increased the unmet need for advice in the workplace. Some larger employers and pension trustees are no longer content to leave employees to fend for themselves among scammers and fraudsters and […]
Neil Woodford has rejected gloomy UK growth forecasts from the Office for Budget Responsibility revealed in yesterday’s budget, arguing the country is on track to achieve annual growth around 2 per cent. According to the OBR, growth this year will be 1.5 per cent, and fall to 1.4 per cent in 2018. Through 2019 and […]
Trade bodies tend to live in a cloistered environment while advisers keep the industry on its toes