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United Kingdom

Budget kick-starts annuity sales market

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.

Pension trustees to check adviser credentials on DB transfer advice

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.

Nine in 10 advisers still reliant on trail commission

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.

Sesame to close advisory network for investment advisers

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.

Scam fears grow as pension freedom day nears

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.

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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. Site managed by Furness Media