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Govt to cut one-in-three Pension Wise guiders

The Department for Work and Pensions is to cut just over a third of the total number of guiders working on the Government’s Pension Wise service. Earlier this week, the Government revealed that the overall budget for the service would drop by a quarter, with advisers’ levy almost halved to £2.7m. And now, Money Marketing […]

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Standard Life-owned 1825 buys Baigrie Davies

Standard Life owned advice business 1825 has completed a deal to acquire Baigrie Davies, establishing its first London office. Baigrie Davies managing director Ian Howe will continue to run the business and will be responsible for 1825’s London office. He will also join the 1825 executive committee. Founder Arthur Davies will also remain with the […]

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Alistair Cunningham: The charlatan movement endangering cashflow planning

Marketed by the Government as supporting freedom and choice, misuse of flexi-access drawdown has the power to destroy an individual’s lifetime wealth. With this in mind, it is not unreasonable a product-related recommendation should cover the necessary detail in a way that is appropriate to the individual, highlighting relevant risks and benefits with due consideration. […]

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