SimplyBiz has completed its expected buyback transaction with Standard Life. It has bought back 10 per cent of the group held by Standard Life for an undisclosed sum.
Many current pensions will fail to reach their target, leaving pensionholders at the mercy of the annuity markets and stranded with inadequate pensions, warns a new report.
Up to 28 per cent of consumers aged 45-65 may need to make a decision about putting their parents or parents-in-law into residential care, according to new research.
The Bank of England maintained its base rate at 0.5% today - as expected - but the ECB unexpectedly cut its rate from 0.5% to 0.25% to try to bolster the Eurozone economy.
The Financial Planning Association of Australia is to host professional bodies from 24 territories - representing 150,000 CFP professionals worldwide - in Sydney later this month.
Despite fears that consumers would be unwilling to pay for financial advice post-RDR, AXA's latest 'Big Money Index' has found that one in four consumers are willing to pay for financial advice, the same as pre-RDR.
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