There have been too many in the industry that have used the RDR for their own ends to try to panic IFAs into believing that the RDR is bad for the small practitioner, or you will need a PhD, as if large firms or purely academic qualifications were either required or offered some magic solution.
By Jamie Clark, Business Development Manager With only a few weeks to go before the new pension freedoms allow people to access their pension funds as and when they like, there are concerns that the consequences of making (or not making) the right decision could put pension savings at risk. Yes, this revolution is exciting; […]
Investors are voting with their feet “in droves” to ditch underperfoming absolute return funds. The past 11 months saw consistent outflows, as investors pulled £5.4bn from the funds. Most of the absolute return funds with the largest outflows over the past year have failed to beat inflation over the past five years. Analysis by AJ […]
I read two reports recently about the need for financial advice. The first, from the FCA and published last year, suggested up to 18.2 million people in the UK who had probably needed financial advice over the previous 12 months had not taken it. That number brought home the scale of what is surely a […]
Investors in drawdown have experienced positive returns since the pension freedoms started despite big swings in certain asset classes, Aegon research says. The analysis of Morningstar Direct data produced by Aegon looks at an individual with a £400,000 pension pot taking a £20,000 annual income from day one of the pension freedoms. Aegon then tracked […]