Defined benefit pension transfer values held up close to their record high for most of September but slipped in the last 10 days of the month due to a sharp increase in government bond yields.
Read more ...GDP up but output still below pre-pandemic levels
- Wednesday, 13 October 2021
- Articles
UK GDP saw modest growth in August with an increase of 0.4% but remains 0.8% below its pre-Coronavirus pandemic level seen of February 2020.
Read more ...8 in 10 Woodford investors suffered negative impact
- Wednesday, 13 October 2021
- Articles
Over 8 in 10 (86%) investors hit by the suspension of the Woodford Equity Income fund in June 2019 suffered a 'negative impact' to their finances, according to the Association of Investment Companies.
Read more ...Integrity IFA scolded by FOS for ignoring client complaints
- Wednesday, 13 October 2021
- Articles
The Financial Ombudsman Service has upheld two complaints about Integrity IFA’s advice involving unregulated investments in SIPPs and scolded the advice firm for ignoring clients and the ombudsman.
Read more ...Surge in IFAs ranking ESG as ‘important’ for clients
- Wednesday, 13 October 2021
- Articles
More than 80% of IFAs rank ESG considerations as important for client portfolios compared to 65% this time last year, according to a new study.
Read more ...Tilney to provide Financial Planning advice to RICS members
- Wednesday, 13 October 2021
- Articles
Tilney Smith & Williamson has formed a Financial Planning partnership with the Royal Institution of Chartered Surveyors (RICS) which will give access to Financial Planning services to RICS members.
Read more ...8 in 10 Gen X concerned about retirement affordability
- Wednesday, 13 October 2021
- Articles
Almost 8 in 10 (79%) 45-54-year-olds (Generation X) say they are worried about spiralling living costs as they approach retirement, according to a new report.
Read more ...Planner warns of possible CGT rate hike
- Tuesday, 12 October 2021
- Articles
A leading Financial Planner has warned that the Chancellor may choose to raise Capital Gains Tax (CGT) rates to align with Income Tax in order to raise cash in his budget to be delivered on 27 October.
Read more ...Planners concerned about family wealth abuse report
- Tuesday, 12 October 2021
- Articles
Financial Planners reacting to a report exposing family wealth abuse say that too little is being done to protect financially vulnerable people.
Read more ...4 external platforms to host AJ Bell MPS funds
- Tuesday, 12 October 2021
- Articles
Abrdn (formerly Standard Life Wrap), Aviva, Praemium and Quilter are to offer AJ Bell Investments’ managed portfolio service (MPS) to boost the number of Financial Planners able to access the funds.
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