Retirement
Retirement | 25 Oct 17
Fewer pensioners ‘splurging irresponsibly’
Hedonist pensioners forking out for luxury experiences are becoming rarer, according to Financial Conduct Authority pensions freedoms data.
Retirement | 24 Oct 17
Drawdown sales hammer annuities
There has been a dramatic move away from annuities to income drawdown following the pension freedoms, data published by the Financial Conduct Authority shows.
Best Practice | 24 Oct 17
Advisers torn over DB transfer concerns
Financial advisers are divided over their concerns around the defined benefit (DB) transfer market, according to a poll conducted by global asset manager Russell Investments.
China’s fund association lashes out at marketing gaffe
The Asset Management Association of China (AMAC), the fund industry’s self regulatory body, has sharply criticised an online fund marketing campaign launched by a wealth management arm of e-commerce giant Alibaba, involving 16 fund managers.
Expat pensions at risk admits UK chancellor
UK chancellor Philip Hammond has admitted the government is “alive to the risk” that leaving the EU without a Brexit deal could create “legal uncertainties” for European cross-border pensions and insurance arrangements.