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Equitable Life payouts near £1.08 billion

More than £1 billion has now been paid out to Equitable Life policyholders through the Equitable Life Payment Scheme.

Definition of financial advice 'dangerously blurred' - AJ Bell

Platform and Sipp operator AJ Bell is warning that the distinction between financial advice and other information or guidance services has become blurred and this is having two dangerous consequences.

Xafinity sees surge in “second hand” property market

Xafinity Sipp & SSAS says it has recorded twice as many “second hand” property Sipps being transferred from other Sipp providers into their Sipp contract.

30% of 45+ year olds worried they can’t afford to retire

Equiniti research has found that an increasing number of people say their biggest financial challenges is fear of not being able to afford to retire.

AXA Wealth MD warns of pension Isa pitfalls

David Thompson, managing director of business development and proposition at AXA Wealth, has joined the chorus of leading figures expressing concerns about a pension-Isa merger.

Pension freedoms result in £4.7bn paid out in first 6 months

ABI data released today shows that £4.7bn has been withdrawn under the new pension freedoms but surprisingly annuity sales have risen for the first time in three years.