Selling up doesn’t have to be the end of your advice career
The second-hand annuity market may fail to develop and even if it does many people will struggle to make well-informed decisions, think thank the Institute for Fiscal Studies (IFS) suggests.
IFA consolidation business AFH has bought Clarendon Financial Solutions for £461,000.
Chartered IFA firm Almary Green has bought out Jones Financial Planning for an undisclosed sum.
MGM Advantage is to offer retirees a selection of guarantee options on their annuity contracts.
Three things clients may call you about this week
The information watchdog is to investigate claims pension data is being sold to fraudsters and cold-callers for as little at 5p without consent, according to reports.
The regulator is to investigate claims that some retirees who use pensions freedom to access their savings will be hit with ‘rip-off' charges, according to the Daily Telegraph.
An ex-Legal & General (L&G) adviser has been jailed for five years after stealing close to half a million pounds from a vulnerable elderly couple.
The role of platforms post-pensions freedom