Customers transferring to Axa Self Investor will be able to claim up £750 per person to pay any exit fees levied by ceding providers. The offer is open to new and existing investors who submit a transfer request between 1 May 2015 and 31 July 2015. However, claims must be made within 30 days of […]
This year’s Budget statement confirmed that up to five million pensioners are to be given new flexibility to trade in their annuities for cash from next year. The rationale is to ensure that people who have already purchased an annuity have access to the same pension freedoms now in place for those approaching retirement. The […]
Forecasts for growth in the UK have been lowered by the Bank of England in its latest inflation report. The Bank says inflation hit zero in March, as previously forecast, driven by falls in energy and food prices. However, the Bank has made minor reductions in forecasts for growth in gross domestic product for the […]
Bank has set aside £856m for litigation and conduct issues.
It’s well known that people tend to become more financially conservative the closer they are to retirement, and grow increasingly cautious with their pension savings. At that point the focus is often more about protecting accrued savings rather than building funds for retirement. This has become even more topical after pension freedoms were introduced in […]
- Top trends
News and expert analysis straight to your inboxSign up