Assessing a client's attitude to risk is all important when it comes to helping them plan for their retirement, says Lorna Blyth.
The Pensions Regulator's (TPR) new guidance for members shopping around for retirement products is ‘still not enough', according to Tom McPhail, head of pensions research at Hargreaves Lansdown.
Over 90% of advisers say a lack of information from the government prevents them fully understanding the relationship between state benefits and equity release, Safe Home Income Plans (SHIP) says.
State Street Corporation has been appointed as fund administrator for the National Employment Savings Trust (NEST) as the scheme's investment mandates are put out to tender.
The majority of Britons intend to remain in their current homes for the rest of their lives, according to Friends Provident research.
Standard Life has bowed to adviser feedback and scrapped plans for a £750 charge to clients who transfer out of its SIPP within a year of the plan being set up.
Individuals paid £1bn less into personal pensions over 2009/10 than the previous year, according to HMRC figures.
Skandia predicts consumers will turn to Maximum Investment Plans(MIP) as changes to tax relief drive investors away from pensions.
The majority of people in the UK do not know what the impact of the switch from linking defined benefit (DB) pension schemes from RPI to CPI, Aon Hewitt says.
Scottish Life has cut open market option (OMO) waiting times for clients from an average of 11 days to 8.1 days using Origo's Options software.