Retirement
Best Practice | 19 May 16
IFAs have ‘no clue’ on pensions – Bank of England economist
The Bank of England’s chief economist Andy Haldane has said that financial advisers have “no clue” about pensions, while admitting that he himself cannot make the “remotest sense” of them.
Investment | 19 May 16
Poor portfolio diversification top mistake by HNWIs: deVere
The mistake made most often by high net worth investors, prior to seeking financial advice, was failing to properly diversify their portfolios, according to an international poll by deVere Group.
Best Practice | 18 May 16
Quality stamp may allow Sipps to be bought without advice
A new UK quality mark aimed at helping consumers choose self-invested personal pension (Sipp) products without the help of an adviser will be launched this summer.
Retirement | 17 May 16
Excessive due diligence not expected of UK Sipp providers
The UK’s Pensions Ombudsman has found in favour of Sipp providers in a case where a client made non-regulated investments without seeking financial advice.
Portugal: the safe haven in the sun
Increasing numbers of high-value professionals are benefiting from bilateral double-tax agreements that offer Portuguese non-habitual residents qualifying income tax-free in a safe haven.