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AJ Bell

UK charge comparison regime ‘not fit for purpose’

Investment | 12 Jan 17

UK charge comparison regime ‘not fit for purpose’

Key financial illustrations (KFIs) that are intended to help people compare pension and investment product charges in the UK are not fit for purpose and are “the worst possible example of information overload”, says AJ Bell marketing director Billy Mackay.

Six things the UK gov’t can do to deter pension scammers

Best Practice | 9 Dec 16

Six things the UK gov’t can do to deter pension scammers

The UK Government’s proposed ban on pensions cold-calling will deter scammers but must be just the start of a concerted effort to drive fraudsters out of the market, says AJ Bell.

Muted response to FCA plans on shopping around for annuities

Best Practice | 25 Nov 16

Muted response to FCA plans on shopping around for annuities

Proposals from the UK’s Financial Conduct Authority (FCA) that would require annuity providers to tell customers what they could gain by shopping around and switching have been met with muted enthusiasm.

HMRC data shows £7.6bn withdrawn since UK pension reforms

Retirement | 26 Oct 16

HMRC data shows £7.6bn withdrawn since UK pension reforms

Nearly £7.6bn ($9.2bn, €8.5bn) has been paid out of UK pensions since reforms came into effect in April last year, according to the latest figures published by HM Revenue & Customs (HMRC).

UK should stop pension tinkering and simplify Isas: AJ Bell

Retirement | 20 Oct 16

UK should stop pension tinkering and simplify Isas: AJ Bell

Waves of changing legislation have made pensions and Isas incredibly and unnecessarily complicated, discouraging people from saving, says Andy Bell, chief executive of investment platform AJ Bell.

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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.