Almost 9,500 income drawdown contracts were written in the second quarter of the year, with the mean pot size dropping to just over £50,000, latest figures from the Association of British Insurers (ABI) show.
Royal Bank of Scotland (RBS) will move its operations to London should Scotland vote to go independent, it has confirmed.
Pension providers that "cream off profits" and withdraw from the auto-enrolment (AE) market just as small and medium-sized employers (SMEs) stage should be fined, Defaqto says.
A ‘yes' vote in the Scottish referendum could see Standard Life move its pensions, investment and other long-term savings operations out of the country.
Advice firm Chase de Vere has sold it's self-invested personal pension (SIPP) book to provider Barnett Waddingham for an undisclosed sum.
Our weekly heads-up on events, jobs and hires, plus some other bits and bobs for professional financial advisers...
Pensions minister Steve Webb has confirmed that restrictions on the National Employment Savings Trust (NEST) will be abolished in April 2017.
Satisfaction guaranteed? Post-Budget pension pot investing
Our weekly heads-up on events, jobs and hires, plus some other bits and bobs for professional financial advisers...
Pensions firm Barnett Waddingham has bought Harsant Services' 2,700-strong self-invested personal pension (SIPP) book for an undisclosed sum.