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Retirement

Strabens Hall warns Rops fees outweigh benefits

Retirement | 3 Oct 16

Strabens Hall warns Rops fees outweigh benefits

Strabens Hall, the international IFA firm with offices in London and Hong Kong, has advised clients against using recognised overseas pension schemes (Rops), warning that the high charges incurred with using the product can often outweigh the tax advantages they offer.

UK mulls scrapping advice rule for overseas pension transfers

Best Practice | 3 Oct 16

UK mulls scrapping advice rule for overseas pension transfers

The UK’s Department for Work and Pensions (DWP) is considering whether to scrap the ‘advice safeguard’ for expats, which requires individuals to consult an FCA-regulated adviser before they can transfer their defined benefit (DB) pension savings into an overseas pension scheme.

What do retired people need in an income product?

Retirement | 30 Sep 16

What do retired people need in an income product?

Most people have already accepted that a guaranteed income product for life does not exist, says Tom Hodgson, BlackRock’s strategic partnership director.

UK adults in their 30s half as wealthy as those in their 40s

Retirement | 30 Sep 16

UK adults in their 30s half as wealthy as those in their 40s

UK adults born in the 1980s have half the wealth as those born in the 1970s had at around the same age, according to a new study.

L&G reports record growth in UK and US pensions business

Retirement | 27 Sep 16

L&G reports record growth in UK and US pensions business

UK insurer Legal & General (L&G) said its retirement unit is on track to double its new business sales in 2016, reporting sales of £5.4bn (€6.2bn, $6.9bn) on Tuesday.

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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.