Two providers have criticised reports that a government minister wants to open the door to first time buyers being allowed to tap their pension early to get on the housing ladder.
Pensions and investment consultancy Barnett Waddingham has appointed 7 new partners and promoted 28 associates as business continues to grow.
The Personal Finance Society warned today that it has evidence of financial advisers struggling to obtain professional indemnity insurance - and being unable to advise on defined benefit pension transfers - due to big increases in the Financial Ombudsman Service compensation limit.
New data from the Association of British Insurers has revealed “alarming” numbers of pension savers entering retirement and pensions drawdown without taking any financial advice.
Chartered Financial Planning firm Belmayne is among the first firms in the East Midlands to sign up to a new professional code of practice governing pension transfers.
Generation Z has been shown to be the financially savvy generation, over a third have more than £1,000 squirrelled away, a new study has revealed.