IFA Defaqto has released an updated version of its annual guide to pensions drawdown, in conjunction with Prudential.

Smith & Williamson has been appointed by Truro-based independent financial advisers Worldwide Financial Planning to provide its 5-star Defaqto rated managed portfolio service to clients. 

Defaqto has moved to reassure staff that there will be no job losses as a result of its takeover by SimplyBiz.

A new survey of financial advisers has found that the servicing of Pension Freedoms business is “well below expectations.”