£1.5bn needed to square up DB pension transfer gender gap
Advisers could play a key role in ensuring relevant clients are identified
Retirement
-
-
Inheritance ‘a key financial pillar’ for most Brits
But only 14% are aware of the rules on IHT liabilities
-
Stark warning that most pension pots won’t last long enough
Standard Life Aberdeen says 66% of retirees will run out of money
-
Malta-based trust company fined
UK arm, which has no connection to the Maltese operation, was sold to Mattioli Woods in 2016
-
Shrinking DB transfer market worries advisers
But could a smaller sector be a good thing? Or should pension freedoms just be scrapped altogether?
-
UK refuses to uprate expat pensions in Canada
Move deemed ‘disappointing’ and a ‘staggering betrayal’ by activists
-
Carey Pensions to pay compensation after split court ruling
‘UK regulated firms will need to consider implications of dealing with unregulated third-parties’
-
Need for ‘consistent’ DB advice sparks regulatory guidance
FCA says firms will need to change processes where ‘their approach falls short of the standards’
-
Digital pension firm eyes £55m IPO
Offering will be available to institutional investors and clients of the company
-
Tech giants targeted as UK gov’t urged to toughen up on scams
Country facing a ‘scams epidemic’ with around ‘£10bn stolen from retirement pots since 2015’
-
Zurich Middle East unveils regular savings plan in UAE
It is aimed at investors ‘seeking guidance’ from financial advisers
-
STM Group sells Gibraltar trust business for £2.45m
Proceeds will be used to ‘fund organic growth opportunities and further support’ its M&A strategy