Brooklands Trustees, an FCA authorised Sipp provider, has gone into administration and sold its assets to Heritage Pensions, according to a note to clients from the new administrator Duff and Phelps.
Around a third of people in the UK approaching retirement are looking to change their financial plans as a result of the Brexit vote, research by UK insurer Prudential suggests.
Up to three million people of working age in the UK who plan to use the value of their home to fund their retirement could be headed for a shock, says Royal London.
Aviva will have an in-house team of advisers offering face-to-face pensions and retirement advice to customers in the UK by the end of the year.
Over half of UK savers are cashing in their savings following the introduction of pension freedoms last year, research from the UK’s Financial Conduct Authority (FCA) suggests.
Over 40% of employees of working age in Singapore, Hong Kong and the United Arab Emirates (UAE) have not yet started saving for their retirement or have stopped after facing difficulties, new research suggests.
Advisers expect the shift from defined benefit (DB) to defined contribution (DC) pensions to drive both the number of new business enquiries and the size of portfolios a new survey shows.
Pensions in the UK face an unprecedented level of risk following the vote to leave the European Union, according to deVere Group chief executive Nigel Green.
British financial advisers are becoming increasingly concerned about making retirement income recommendations following the launch of pension freedom rules, according to MetLife.
Old Mutual Wealth is cutting exit fees to 1% from 5% for all customers aged 55 or over ahead of the UK regulator’s proposals to adopt a similar regime.
Everyone is still struggling to get to grips with the UK voting to leave the European Union, and quite frankly it has been ‘brexhausting’. Moving past the politics, Fidelity International has provided some tips about what this could mean for pensions, investments, and markets.
British expats living overseas face a period of uncertainty around their retirement plans after the UK’s shocking decision to leave the European Union on Friday, according to IFA firms around the world.
