Retirement
Battered British expats face stormy end to 2020
Lack of Brexit deal comes in tandem with some banks shutting accounts for Brits in EU
Record number of DB transfers trigger scam concerns
Despite activity falling to a fresh low in September 2020
Life company pensions more expensive than platforms
Consumers may be losing up to £100,000 due to costs and fees
Drawdown investment pathways ‘fundamentally flawed’
AJ Bell CEO: It’s ‘a mandate for pension providers to line their pockets by peddling in-house funds’
Collapsed wealth firm clients get £4.4m in compensation
Company was declared in default in January 2020