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Scottish Widows launches new drawdown income tool

Scottish Widows has launched a new drawdown capability tool to help IFAs manage income withdrawals for clients better. The new feature is available through Scottish Widows’ Retirement Account and gives customers a flexible and tax efficient way to take money from their savings. The aim of the tool is to make clients’ pots last longer […]

MPs to grill TSB over IT disaster

TSB and owner Sabadell will face the Treasury select committee this week to explain the recent failures of its online banking system. TSB attempted to move customers to its new IT platform more than a week ago but the shift resulted in hundreds of thousands of customers being locked out of their accounts, with some […]

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