Consolidator AFH has secured two acquisition deals in the last two days as it continues its takeover plans for adviser businesses. The two deals take the total number of acquisitions for the financial year so far to six for AFH. Yesterday, the consolidator announced it had purchased the client bank of South Yorkshire IFA Lifetime […]
Financial Services Compensation Scheme levies for the coming year will reflect the growth in claims from poorly advised defined benefit pension transfers, chief executive Mark Neale has said. In a blog published this morning Neale writes that the levies – to be published in April – will show the claims to do with pensions have […]
There are positive signs we will prepare people better for retirement in the future Last week, a relative of ours asked me to give “financial advice” to her daughter who has come into a sizeable – if not life changing – five-figure sum via an inheritance. After all the caveats about not being an adviser, […]
I sat open-mouthed in the House of Commons four years ago as George Osborne announced the end of a national retirement system based on annuities. Three years on from the law change, several trends are clear. First, overall we remain in what I call ‘Income Drawdown’s Phoney War’: as long as the vast majority of retirees […]
After a year of correctly anticipating bund yields (negative) and defaults (Abengoa), James Foster looks forward to a rise in interest rates in 2016.
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