Industry
IFA jailed after stealing 465k from dementia
A financial adviser who used to work for British multi-national firm Legal & General has been sent to prison for five years after stealing more than £465,000 from a dementia sufferer.
Canada Life to launch three
Canada Life will launch three retirement income products to allow individuals to take advantage of the pension freedoms available from 6 April.
Acorn Intl Fund Distribution
Jonathan Simons and Joe Palmer, directors at Acorn International Fund Distribution, have said their company plans to improve the international investment marketplace by providing offshore IFAs with better quality fund solutions that are regulated, liquid, have a long performance history and have a low charging structure.
Court rules French social taxes unjust
Non-French residents will no longer have to pay social charges on unfurnished rental income or capital gains on French property after the taxes were ruled as “discriminatory” by the European Court of Justice.
Retirement | 27 Mar 15
Will the pension floodgates open
Very shortly, members of private pensions will be able to enter flexible drawdown. Much speculation in the press has surrounded the possibility that people will encash their pensions and spend all their savings leaving them reliant on the state to fund their future, but in reality, will this really happen?