United Kingdom
Retirement | 9 Jun 15
Advisers needing pension transfer qualification triples
The number of UK financial advisers requiring a specialist pension transfer qualification to give advice on transfers is expected to jump significantly as more people make use of the new freedoms.
United Kingdom | 9 Jun 15
IFA use of DFMs to grow, but service quality key- Investec
A significant majority of advisers expect the demand for bespoke discretionary fund management services to rise in the next few years, but only those that offer high levels of service quality are likely to survive, research by Investec Wealth and Investment shows.
Barclays sells US wealth management business
Barclays has sold its US Wealth & Investment Management business to American investment bank Stifel Financial Corp for an undisclosed the sum.
Retirement | 8 Jun 15
FCA outlines process for dealing with insistent clients
The UK’s financial watchdog has published a paper outlining whether an adviser would be liable for losses when dealing with clients who insist on taking action against their advice.
Annuities set to weather UK pension reforms
Annuities are expected to see enduring demand in the UK despite the pension reforms in April, though most financial advisers forecast that drawdown products will become the more popular retirement option, according to new research from Canada Life.