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Number of ‘unsustainable’ pension withdrawals hits record high
The proportion of pensions being drawn down at 8% or over has hit its highest recorded level for pots of all sizes, according to analysis of the latest FCA data.
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Talbot & Muir has said its new low-cost Sipp will be launched on 1 September with five or six discretionary fund managers available.
James Hay Partnership has increased the number of funds available on its fund supermarket Investment Centre to over 2,000.
Hargreaves Lansdown is encouraging investors to set up a Junior Sipp for their children.
Sipp provider Xafinity has launched an expert witness service to provide forensic actuarial and investment advice in disputes over financial loss.
Alliance Trust Savings has selected Altus for its online re-registration of client assets.
Liberty Sipp believes a firm's dependency on current account commissions should be factored into the new capital adequacy regime.