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New retirees see annual income slump by two thirds
- Tuesday, 22 April 2014
- Articles
The average annual income of new retiree drops by two thirds (66%) on leaving the workplace, a new study has revealed.
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Fewer Britons planning to save this tax year in an Isa
- Tuesday, 22 April 2014
- Articles
Fewer Britons are planning to save into a cash or stock and shares Isa this tax year compared to last year, according to an annual study.
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Separating couples to get new rules on dividing property and income
- Thursday, 17 April 2014
- Articles
Separating couples will be given clear new guidelines setting out what they should expect when property and income is distributed by the courts, Justice Minister Simon Hughes has said.
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FCA bans two advisers over £112m high risk Sipp investments
- Thursday, 17 April 2014
- Articles
The FCA has banned two partners at a firm of financial advisers from performing any "significant influence in relation to any regulated activity" in future over their role in advising customers to invest £112m in unregulated and often high risk products via a Sipp.
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Government may provide life expectancy estimate to consumers
- Thursday, 17 April 2014
- Articles
The government may soon give individuals approaching retirement an estimate of their life expectancy to help with retirement planning, according to reports.
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70% want promised free pension advice from qualified adviser
- Wednesday, 16 April 2014
- Articles
Nearly 70% of retirement savers want the free pensions guidance promised by the Government via a formal session with a qualified financial adviser.
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Towry's chief executive Andrew Fisher to leave firm
- Wednesday, 16 April 2014
- Articles
Towry's chief executive Andrew Fisher is to leave, the company has announced.
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WMA questions fairness of FSCS levy for its members
- Wednesday, 16 April 2014
- Articles
The Wealth Management Association has criticised the amount of money its members will have to pay towards the Financial Services Compensation Scheme's levy.
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Rise in average annuity rates in Q1 of 2014
- Wednesday, 16 April 2014
- Articles
Average annuity rates increased by less than 1% in the first quarter of 2014, researchers have reported.
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Levy on financial services firms to be lower than expected
- Tuesday, 15 April 2014
- Articles
Financial services firms will receive a lower than expected levy in 2014/15, the Financial Services Compensation Scheme has announced today.
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