One in three not taking advice on pension transfers
Almost a third of people cashing in their UK pensions are not taking advice, according to a survey by insurance giant Aegon.
Old Mutual boosts adviser support team
Old Mutual Wealth has hired a pension specialist and an offshore tax expert to strengthen its services for international advisers.
Guardian unit enters into deal with Optimus Capital
GWM Investment Management has bought a stake in discretionary investment manager Optimus Capital to widen the range of services it can offer.
UAE lender buys Turkish private bank for $3.2bn
Dubai’s Emirates NBD has agreed to buy Turkey’s Denizbank from Russia’s state-owned Sberbank for $3.2bn.
Investment | 22 May 18
FE launches cost transparency tool for advisers
FE has launched a tool which it said provides advisers with a simpler and more holistic way of measuring the impact of costs on real returns and bypass projections provided by fund groups.