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Retirement

12 tips to keep DB transfer PI costs down

Best Practice | 9 Jul 18

12 tips to keep DB transfer PI costs down

Professional Indemnity insurers have a problem with pension transfers, so broker Howdens has put together 12 things advisers can do to help mitigate the risks and the costs.

Moneyfarm to expand advice offering on £40m investment

Companies | 4 Jul 18

Mattioli Woods cites PI costs for pension transfer exit

UK-based Mattioli Woods has blamed the increasing costs of professional indemnity (PI) insurance for its decision to exit the pension transfer market.

Best Practice | 2 Jul 18

Pensions industry shuns cash-poor millennials

Millennials have largely been left in the lurch by pension providers who assume they are too cash poor or disinterested to engage with investing for their future.

UK regulator threatens drawdown fee caps

Retirement | 28 Jun 18

UK regulator threatens drawdown fee caps

The Financial Conduct Authority has warned the pensions industry to clarify its charges or face caps, as part of a bid to drive up engagement and reduce costs for retirees in drawdown.

UK working pensioners to pay National Insurance?

Industry | 28 Jun 18

FCA acts to stop drawdown retirees losing out

The UK’s Financial Conduct Authority (FCA) is planning to introduce “investment pathways” for drawdown retirees, in a move to prevent them from making poor decisions and defaulting into cash.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.