Retirement
Harwood Wealth Management continues IFA buying spree
Harwood Wealth Management is showing no let up in its IFA firm buying spree after it struck a £1.56m deal to acquire retirement solutions specialist Plan 65.
Advisers giving inadequate information to DB specialists: FCA
Financial advisers who are outsourcing pension transfer work to specialists are providing them with inaccurate information, according to the executive director of the Financial Conduct Authority (FCA).
Pensioners bankrolling three generations
Nearly a third of those in the UK planning to retire in 2018 are financially helping out their families to the tune of around £4,300 ($4,829, €3,913) a year, increasing pressure on their own retirement plans and income, research from Prudential shows.
Administrators appointed to The Lifetime Sipp Company
Joint administrators have been appointed to wind down The Lifetime Sipp Company, a Financial Conduct Authority-regulated self invested personal pension scheme administrator based in south-west England.
Fidelity to compensate client for Sipp misinformation
The UK Pensions Ombudsman has upheld a complaint against Fidelity International for “significant distress and inconvenience” suffered by a client who was misinformed about holding investment trusts in her Sipp.