Aviva: Govt's 'seismic' commission shift may see 'thousands' of pensions repriced
Steve Webb's move to ban commission and active member discounts is a ‘seismic' shift for providers and will drive a completely new business model for advisers, Aviva has said.
The provider said the legacy audit of schemes, recommended in the Office of Fair Trading (OFT) report into defined contribution pensions, would identify hundreds of Aviva schemes with active member discounts...
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Adrian Boulding: Managing decumulation journeys through Covid-19 market uncertainties
Adrian Boulding examines what’s happening in the world of investment advice at retirement and considers what the world might look like after the pandemic. Financial plans and strategies will need to be both recession-proof and tax-man proof, he writes...
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PFS renews its warning to industry
Investors plough record amount into tracker funds in 2019
Total retail inflows double the 2018 figure
Investment fraud reports surge to more than 8,000 so far this year
More than 8,000 investment fraud reports have been made so far this year, more than double the amount in the same period last year, a Freedom of Information request has revealed.
UK inflation rises to 2.1%
Likely to fall again before year end
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UK borrows £34bn in December as public sector debt set to increase through 2021
Third highest monthly figure since 1993
Advisers to be levied £240m again as FSCS announces £1bn overall levy
'Cannot normalise this level of loss'
Daniel Baade: The rise of debt financing in IFA M&A
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Quilter supports 285 young carers in the UK by raising £10,600
Supported over Christmas
Treasury Taskforce to address FSCS levy concerns and work with FCA
Plus online scams
