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Retirement

Regulation

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.

clock 14 August 2014 •

Investment

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...

clock 14 August 2014 •

Pensions

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).

clock 14 August 2014 •

Income

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.

clock 14 August 2014 •

Income

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.

clock 14 August 2014 •

Pensions

Aegon UK earnings jump but auto-enrolment charge cap cost of up to £25m a year looms

Aegon UK has said that it estimates the charge caps for auto-enrolment business will cost it between £20m to £25m a year, as it reported a 30% rise in pre-tax earnings for the second quarter.

clock 14 August 2014 •

Income

Royal London launches Annuity Bureau service

Royal London has launched an annuity shopping around service to assist customers looking to buy a guaranteed income for life at the best rates.

clock 13 August 2014 •

Your profession

Workshops to help firms manage legacy assets launched

A series of workshops designed to give adviser firms actionable ideas on transitioning legacy assets has been launched.

clock 13 August 2014 •

Income

Govt's pensions 'guidance' not enough, says St James's Place

Government plans to offer independent guidance to all retirees do not go far enough because retirement needs are too complex, argues St James's Place (SJP).

clock 13 August 2014 •

Pensions

Pension schemes 'to go beyond' guidance guarantee minimum

Most pensions schemes plan to offer members more help at retirement than is proposed under the government's guidance guarantee, according to a consultant.

clock 13 August 2014 •
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