Phoenix Group profits up to £266m after Ignis sale

        Professional Adviser | 21 Aug 2014 | 07:44

        Operating profits at Phoenix Group increased to £266m in the first half of the year compared to £186m for the same period in 2013, latest results show.


        Blog: Why DB transfers always warrant independent advice

        From April next year DB transfers will be subject to mandatory financial advice. But David Trenner thinks trustees should insist on it immediately.

        Professional Adviser | 20 Aug 2014 | 14:44

        Women hitting state pension age before April 2016 can get 20% boost if they defer

        By combining Budget reforms with existing rules which reward savers who delay taking their State pension, eligible women can boost their payout by up to tens of thousands of pounds over a lifetime.

        Professional Adviser | 20 Aug 2014 | 07:46

    Other Retirement articles


      RP poll: Retirement rethink

      In this week's quick fire Retirement Planner poll we ask: Do you agree that we need a rethink on the word and concept of 'retirement?'

      Retirement Planner | 19 Aug 2014 | 20:22

      Five things you might have missed

      In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

      Retirement Planner | 19 Aug 2014 | 20:11
      Money down drain

      Annuities: Is the grass greener?

      Fiona Murphy says although annuity sales have slumped, new research shows they can still represent fair value for money.

      Retirement Planner | 19 Aug 2014 | 11:53

      It’s retirement, but not as we know it

      Nick Elphick asks whether the general public understands what the recent Budget changes mean for them and whether we need a different approach to financial education.

      Retirement Planner | 19 Aug 2014 | 11:01

      Royal London pre-tax profit drops 45% as pension charge cap bites

      Royal London has reported a 45% slump in pre-tax profit in H1, pointing to regulatory charges as a key contributor, while its wrap platform Ascentric saw new business slide 20%.

      Professional Adviser | 19 Aug 2014 | 10:11

      Aegon distances itself from executive's 'view' on advisers

      Product provider Aegon has distanced itself from a view attributed to its head of marketing that advisers have been "disintermediated" and that its future lies in direct relationships with consumers.

      Professional Adviser | 19 Aug 2014 | 09:56

      HSBC advisers took 15% commission for SIPP set ups

      The scale of commissions taken by HSBC bank advisers for one-off pension transfer work has been revealed in a judgement delivered by the Financial Ombudsman Service (FOS).

      Professional Adviser | 19 Aug 2014 | 07:56
      Business handshake

      Ex-Aviva manager joins SimplyBiz to lead workplace solutions

      Tom Nall has been appointed to the newly-created role of director of workplace solutions at support services firm SimplyBiz Group.

      Professional Adviser | 19 Aug 2014 | 07:43
      Chancellor George Osborne presenting the 2013 Budget in the traditional red box

      Investment advisers fear rash of ‘inappropriate products’ post-Budget

      Four out of five investment advisers are concerned that inappropriate products are being rushed to market to take advantage of changes announced in the Budget, research has found.

      Professional Adviser | 18 Aug 2014 | 15:51

      Gulf between best and worst annuity rates 'still growing'

      The average gap between the best and worst annuity rates is almost 35%, according to analysis of official market figures by Hargreaves Lansdown.

      Professional Adviser | 18 Aug 2014 | 14:03
      Standard Life group FD Jackie Hunt is number 47 on 2011 Power List

      Prudential plans UK platform push as part of £100m expansion

      Prudential is planning to move into the platform space as part of a drive to diversify its business, the company has told analysts.

      Professional Adviser | 18 Aug 2014 | 11:55

      Armchair Critic: Why we need to rethink what 'retirement' means

      Most of our ideas about retirement need to be… retired, writes Brendan Llewellyn.

      Professional Adviser | 18 Aug 2014 | 10:11

      Keydata claims another adviser as 28 firms declared in default

      Another Keydata adviser has been declared in default by the Financial Services Compensation scheme (FSCS), as it published a new list of 28 advice firms unable to meet claims against them.

      Professional Adviser | 14 Aug 2014 | 12:09
      Storm warning

      Revealed: Harlequin boss misleads investors about FSCS support for troubled trust

      Harlequin chairman David Ames is misleading investors into thinking the Financial Services Compensation Scheme (FSCS) backs a controversial trust he is trying to use to rescue his troubled overseas property scheme - a claim the FSCS denies - information obtained from separate sources suggests.

      Professional Adviser | 14 Aug 2014 | 12:00

      Auto-enrolment hits four million milestone

      More than four million employees have now been automatically enrolled in a workplace pension, according to The Pensions Regulator (TPR).

      Professional Adviser | 14 Aug 2014 | 11:04

      London & Colonial launches ‘cash-out’ annuity

      London & Colonial (L&C) has launched an annuity contract with a ‘cash-out’ option, which it claims is the first of its kind on the market.

      Professional Adviser | 14 Aug 2014 | 09:59

      Partnership and Rothschild in £150m commercial mortgage tie up

      Annuity provider Partnership has signed an investment management agreement with Rothschild to invest £150m in commercial mortgages as it announced a significant fall in annuity sales.

      Professional Adviser | 14 Aug 2014 | 09:08



    Do we need a rethink on the word retirement?