Progeny
Are high fees damaging the IFA sector?
A third of Brits say they would never pay for financial advice
UK taxman collected record £5.4bn from IHT last year
Financial advice firm finds HMRC receipts have risen rapidly since 2014-15
British pensioners more flush with cash
The question now is, what can they do with the extra money?
Number of non-advised pension withdrawals ‘concerning’
Only 10% of Brits regret taking money but many in danger of chipping too much at their retirement pot
Lack of knowledge an issue for older UK investors
The investment world would ‘be a much better place if 95% of the available funds were to disappear’