Lack of joined-up thinking risks undermining advice review
UK pension transfers, ombudsman award limits and compensation scheme changes not on the agenda
UK pension transfers, ombudsman award limits and compensation scheme changes not on the agenda
Regulator outlines review as industry warns against making life even more difficult for clients
In specie transfers, exit fees and share class conversion among the issues
Because they are accessing the pension freedoms without advice
Young adults are balancing financial challenges but need to make sure they contribute to pension
Over half of IFAs would not recommend it to a client as they seek more guidance from regulator
But data is not a complete picture and ‘represents only a fraction of the overall cash being accessed’
People are facing ‘huge’ tax bills as a result – but a court ruling could give them a glimmer of hope
Transfers dropped 20% in the last quarter of 2018
Wisdomtree has also made its investment management tools available to European clients
Investors are ‘getting shafted by poor execution, opaque funds and sneaky fees’
Chameleon-like scammers are ‘adept at changing to present themselves as the genuine article’