Police have arrested a 60 year old currency trader over suspicions of a global Ponzi scheme.
When Openwork chief executive Mark Duckworth speaks about the drop in adviser numbers since the late 1980s the figures sound astonishing: 285,000 advisers serving a UK population of 50 million in 1989, compared with 23,000 advisers available for 64 million people today. Put another way, there are currently around 200,000 consumers for every adviser when, […]
Bank has set aside £856m for litigation and conduct issues.
The Scottish National Party has warned that while it backs pension freedoms, it plans to identify and target “hidden” and “unfair” charges. In its election manifesto, published earlier today, the SNP says it backs the principle of giving pensioners more freedom over how to spend their retirement pot. However, the party warns: “We must ensure adequate […]
The Retail Distribution Review (RDR) brought many benefits to the UK pension industry, but it also created an advice gap, resulting in consumers with the smallest funds struggling to access advice at a suitable price
- Top trends
News and expert analysis straight to your inboxSign up