United Kingdom
Retirement | 7 Apr 15
Budget kick-starts annuity sales market
The UK Government’s final Budget before the country takes to the polls in the general election in May revealed plans to extend pension reforms to allow existing annuity holders to sell their contracts from 2006.
Investment | 7 Apr 15
Pension trustees to check adviser credentials on DB transfer advice
Advisers now have to provide pension trustees with details of any transfer advice they give to members of defined benefit pension schemes, according to final guidance by the UK’s pension regulator.
Tax & Regulation | 1 Apr 15
Nine in 10 advisers still reliant on trail commission
Trail commission remains an important driver of income for 93% of advisers despite the charge being completely banned from next April, a survey has found.
United Kingdom | 31 Mar 15
Sesame to close advisory network for investment advisers
UK financial services giant, Sesame Bankhall Group, is to sell part of its advisory network in a bid to return the business to profit, despite a 30% reduction in new complaints in the second half of last year.
United Kingdom | 30 Mar 15
Scam fears grow as pension freedom day nears
Fears that unregulated financial advisers will step up the marketing of unsuitable products following the introduction of UK pension freedoms next week are growing.