Vultures circle beleaguered Thomas Cook customers
As Canada Life research shows 4.5 million Brits were approached about potential scams in last 3 months
Canada Life
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PEOPLE MOVES: Just Group, Schroders Personal Wealth, AJ Bell
Financial services firm hires CEO, while Lloyds joint venture bolsters team to set up adviser academy
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Does the UK need a life insurance policy finder like the US?
Claim amounts of $650.5m have been recovered by the service since November 2016
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Should decumulation keep IFAs and clients up at night?
Pension freedom flexibilities ‘present risks which need to be navigated’
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Fifth of UK advisers don’t want younger clients
But majority of firms would change their marketing approach to use more tech and social media
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Retiring is risky business
Having built up a pension, the pressure is now on the make good decision to ensure it doesn’t run out
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UK taxman gets £59m less than expected from Qrops charge
But Treasury ‘will be pleased tax loophole has effectively been closed and further leakage prevented’
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Advisers caught between cost and compliance
As they look to technology to mitigate rising business risks
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Brexit forcing potential expats to reconsider moving from UK
Spain remains number one spot to retire, followed by France and Portugal
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Many over-55s change retirement plans after receiving advice
Without support of IFA ‘people won’t understand the pros and cons of different approaches’
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Brexit halts Canada Life annuity offering to expats in the EU
Firm admitted it is ‘unaware of any other providers able to offer annuities to non-residents’
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Is Brexit hitting IFAs in the pocket?
The UK’s exit from the European Union is a ‘familiar figure of blame’