Advisers and clients have become more concerned about wealth transfer since the Government’s proposals in the Autumn Budget to include unused pension assets in the estate for inheritance tax.
The FCA has today confirmed that it will only partially axe its 'name and shame' proposals for firms under investigation.
Pension experts said that today’s figures from the PLSA about retirement living standards should be a ‘wake-up call’ for savers.
The Women’s Wealth Alliance (WWA) has launched a landmark survey of women in person finance to build a picture of the career journeys and lived experiences of women working in the sector.
The minimum amount a couiple needs in retirement has fallen by £1,000, according to the latest update of the Pensions and Lifetime Savings Association’s (PLSA) Retirement Living Standards report.
The FCA has appointed former Work and Pensions Minister Chris Pond as chair of its Financial Services Consumer Panel.
Salford-based financial adviser and professional services firm Frenkel Topping is in talks over a £68m takeover bid for the company by private equity firm Harwood.
Changes to salary sacrifice would cause confusion, reduce benefits to employees, and disincentivise pension savings, the Society of Pension Professionals (SPP) has warned.
Wealth manager trade body PIMFA has warned that the FCA’s intention to improve consumer outcomes and promote transparency on Consumer Composite Investments (CCIs) could do the opposite.
Transferring wealth between generations is as important to clients of Financial Planning firms as retirement, a new study reveals.