Cheaper pension charges to make drawdown ‘more sustainable’
‘Small changes – just a fraction of 1% – can make a real difference’
Fees
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Retirees ‘lack key’ life company charge details
As investment platforms call on industry and regulators to improve transparency
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Fintech firm launches platform with inclusive DFM costs at 0.35%
Assets held over £1m will only be charged 0.1%
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Brits reluctance to pay for advice sparks ‘critical challenge’
Just 12% are in favour of ongoing fees with most opting for a one-off structure
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FCA abandons work on platform exit fees due to coronavirus
Proposed ban one of the few issues the regulator sought to address following platform market study
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IFAs lack ‘real lobbying group’ to fight ‘scandalous’ fees
Large rises have ‘angered’ advisers who are turning to Treasury Select Committee for help
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Battered British expats face stormy end to 2020
Lack of Brexit deal comes in tandem with some banks shutting accounts for Brits in EU
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Life company pensions more expensive than platforms
Consumers may be losing up to £100,000 due to costs and fees
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Advisers urged to look beyond cost as MPS price war intensifies
‘Everyone is muscling in on the action’ but don’t be lured in by the cheapest providers
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Natwest slashes investment platform fees
It believes costs are a barrier to people saving
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Lloyds investment clients to wait 12 years for reduction in fees
Value assessments deem 1.24% fund fees too high
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Aussie wealth firm fined record A$57.5m
After it breached ‘fees for no service’ rules