UK pension platform sold to Canadian tech firm
This marks the company’s first foray into the British investment market
Selectapension
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How has covid-19 changed the UK life and pensions market?
Firms under even more pressure to prove clients are being offered the most suitable solution
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DB pension transfers halted for up to three months
Following guidance from regulator to scheme trustees on coronavirus
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Top UK earners fail to claim over £750m tax relief every year
‘Whole pension tax relief system a bloated expensive mess, riddled with problems and inconsistencies’
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Dashboard will help lower number of lost UK pensions
There could be around £37bn unclaimed despite tracing service launching in 2016
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What’s next for the DB pension transfers?
As market has a lack of high-quality, affordable financial advisers
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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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Online tool to lift DB transfer review burden from advisers
Selectapension director says market will rebound post-Brexit
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DB pension transfer guide only addresses part of the problem
Time limits for processing requests welcomed but it won’t alleviate the pressure on advisers
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Long saving breaks can impact ‘quality of life in retirement’
Young adults are balancing financial challenges but need to make sure they contribute to pension
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Tech provider rolls out reviewer tool for advisers
Software will be able to create client pension and investment reports ‘in minutes’
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Only 34% of UK retirees prepare before using pension freedoms
Retirement planning is ‘not easy to self-regulate’ and can be an ‘uncomfortable process’