Pension specialist Xafinity has called on the industry and regulators to join forces to fight so-called "pension liberation fraud" whereby consumers are encourage to "unlock" or cash in their pension early without considering other options.
The Financial Services Authority has fined companies in the Prudential Group a total of £30 million for breaching FSA Principles and UKLA Listing Principles.
Despite most British SMEs (87%) acknowledging that marketing has a positive impact on sales, the sector is losing out on up to £122 billion in sales* by allowing it to slip off the radar.
Increasing numbers of British expats in Spain, Italy, Portugal and Greece are seeking advice on transferring their funds outside their adopted countries, says the boss of an expat wealth management firm.
The boards of Schroders plc and Cazenove Capital Holdings Limited have announced an agreement on the recommended acquisition by Schroders of Cazenove Capital.
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