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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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Pimfa calls for road map as pension withdrawals surge
Wealth manager trade body Pimfa has called for a clear tax road map to stem the tide of people accessing their tax-free pension cash because of speculation and headlines.
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Wealthy clients rethink inheritance plans on Budget rumours
Wealthy clients are increasingly seeking advice on inheritance tax and estate planning amid growing speculation ahead of the Autumn Budget, according to wealth manager Rathbones.
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Sipps Professional, a new daily news website for financial advisers and providers working in the £100bn Sipps sector, has been launched this week by London-based Portfolio Publishing.
Suffolk Life has appointed Jane Ridgley as new operations director and expanded Greg Kingston's marketing role.
Fidelity Worldwide Investment is offering a one per cent cashback deal on transfers into the new Fidelity Sipp.
LV= has added five Blackrock funds to its LV= Sipp in response to adviser demand.
British retirees living abroad and claiming a UK State Pension could see their pensions hit if the pound is devalued.
Graham Bentley has been appointed as interim head of fund group relations at AXA Wealth.