AMPS reveals further support for drawdown re-think
Over 70% of SIPP and SSAS providers think last year's reduction in maximum drawdown rates was wrong, according to research by the Association of Member Directed Pension Schemes (AMPS.)
Meanwhile, three-fifths (60%) of survey participants said the government should review the rules again. The maximum income limit was reduced in April 2011 from 120% to 100% of the GAD rate, causing...
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Building Society-owned Newcastle Financial Advisers acquires Openwork firm
First of a number of acquisitions
Bond managers fear hedges being undermined as liquidity dries up
The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.
Police launch investigation into mortgage middleman fined £1m
West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.
More than half of employees unaware of AE
Employers need to do more to inform employees unaware of auto-enrolment Scottish Widows research shows.
How can we increase engagement in retirement planning?
Naomi Osinnowo asks what needs to be done to get people to engage with retirement planning.
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