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Retirement

Some UK savers withdrawing ‘too much’ from pensions, says ABI

Retirement | 15 Aug 16

Some UK savers withdrawing ‘too much’ from pensions, says ABI

Some British savers are withdrawing too much cash from their pension pots and are at risk of running out of money within a decade or less, the Association of British Insurers (ABI) has warned.

Five UK pension liberation firms shut down in £128m scam

Retirement | 12 Aug 16

Five UK pension liberation firms shut down in £128m scam

The UK’s Insolvency Service has shut down five so-called pension liberation companies over the past year, after they scammed pensioners out of £128m ($166m, €148m).

SJP’s Ralph on acquisitions, opportunities and vertical challenges

Profiles & Comment | 12 Aug 16

SJP’s Ralph on acquisitions, opportunities and vertical challenges

Fresh from an acquisition spree in the UK, wealth manager St James’s Place is taking its pioneering business model east in its next phase of growth.

BoE cuts and QE ‘catastrophic’ for pension funds: says deVere

Retirement | 5 Aug 16

BoE cuts and QE ‘catastrophic’ for pension funds: says deVere

The Bank of England’s decision to cut interest rates and expand quantitative easing (QE) to cushion the UK from recession is not the answer to the country’s economic woes, the chief executive of deVere Group has warned.

UK pension transfers back under the microscope

Retirement | 4 Aug 16

UK pension transfers back under the microscope

The UK regulator is planning to take a fresh look at how it calculates levels of redress when unsuitable advice is given on the transfer of defined benefit (DB) pension schemes. While advisers claim it’s not just DB schemes that are facing issues, with some defined contribution (DC) pension transfers also proving problematic.

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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.