Simon Read

Söderberg takes stakes in 4 more IFA firms

 Swedish wealth manager Söderberg & Partners has invested in four more IFA firms as it expands its financial advice presence in the UK.

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58% of pension pots cashed out in full

More than half of pension pots are being cashed out in full as fewer people seek professional guidance, new figures from the FCA have revealed.

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Value of money withdrawn from pension pots falls 5%

The FCA’s latest retirement income market data for 2022/23 published today has revealed that the money being withdrawn from pension pots is falling, dropping 5% to £43,199m from £45,638m in 2021/22.

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