Only 34% of UK retirees prepare before using pension freedoms
Retirement planning is ‘not easy to self-regulate’ and can be an ‘uncomfortable process’
Quilter
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Quilter’s advisory network to buy AIM-listed firm
Chief executive among departures expected post-acquisition
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Concerns DIY retirement planning is on the rise
Only 32% of Brits accessing pension freedoms used an adviser
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UK struggling under ‘epidemic’ of financial illiteracy
Technical terms about pensions keeping clients away
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UK feeling the financial burden of IHT bills
HMRC figures state nearly 25,000 households were hit by inheritance tax last year
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Canadian firm splashes out £28m on UK wealth manager
Also Quilter acquires financial adviser in administration for an undisclosed sum
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Wealth transfer plans not high on the agenda for Brits
Quilter research shows it is something rarely being discussed or planned
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Poor pension freedom knowledge opens door for advisers
Firms could ‘reap rewards’ if they endorse inheritance tax incentives to new prospects
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Invisible illnesses have huge impact on financial planning
Talking about medical problems is crucial when it comes choosing protection products
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Financial advice snubbed in £3.2bn pension withdrawals
‘One false move in regard to their pension could find people suffering a financially insecure retirement’
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Old Mutual International pursues UAE licence
The insurer is already regulated by the Dubai Financial Services Authority (DFSA)
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Beneficiaries in ‘dark’ over IHT liability issues
Prudential UK surveyed over 900 financial advisers and found clients are unaware of IHT exemptions