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Government extends pension drawdown deadline
- Thursday, 10 April 2014
- Articles
People who have recently taken a tax-free lump sum from their defined contribution pension will get 18 months rather than six months to decide what they wish to do with the rest of their retirement savings.
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Researchers find one in seven will rely on state pension
- Thursday, 10 April 2014
- Articles
One out of seven people planning to retire this year has no personal pension and will be heavily or totally dependent on the state.
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No change to 0.5% Bank of England base rate
- Thursday, 10 April 2014
- Articles
The Bank of England today announced as expected that it had maintained the Bank Rate at 0.5%.
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Danske Bank and Architas announce fund merger
- Thursday, 10 April 2014
- Articles
Danske Bank and investment house Architas have announced the successful merger of the Danske Fund, with total assets of £70 million, into the over £800 million Architas Multi Asset Blended fund range.
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Advisers using discretionary management services to rise
- Friday, 11 April 2014
- Articles
The number of advisers using discretionary management services will increase in the coming years according to financial researcher Defaqto.
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ABI and IMA announce merger agreement to create new body
- Friday, 11 April 2014
- Articles
The Association of British Insurers and the Investment Management Association have agreed a merger deal that will lead to the creation of a new body.
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IFP's Financial Planning day on the horizon
- Friday, 11 April 2014
- Articles
The IFP will hold its next Financial Planning day later this month taking planners through the six steps of the process and giving them lots of useful tips.
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Substantial increase in pension scheme membership among private sector staff
- Monday, 14 April 2014
- Articles
Preliminary findings from new research into auto-enrolment point to a substantial increase in pension scheme membership among private sector employees.
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Brooks Macdonald acquires Jersey wealth manager
- Monday, 14 April 2014
- Articles
Brooks Macdonald has acquired DPZ Capital Limited, the Jersey based wealth manager, for a fee which could rise as high as £13m.
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40% have no idea about what state pension is worth
- Monday, 14 April 2014
- Articles
Nearly 40 per cent of people planning to retire this year have no idea what the state pension is worth despite many relying on it for their retirement.
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