Retirement
Insurance giant sells off several European operations for €830m
It wants to concentrate on countries and business lines where it can ‘create most value’
Insurance-backed DB pensions to ‘boost security’ for millions
Advice firm believes a third of UK retirees will have their pots insured by mid-2020s
Vanguard unveils drawdown option for Sipp clients
Service will have no additional charges
Landmark pension equalisation ruling a ‘headache’ for schemes
DB pension transfers from 1990 onwards may require compensation as a result
What will negative interest rates mean for the UK advice sector?
Clients sitting in cash may need to reassess their investment strategy