AJ Bell has once again seen defined benefit (DB) pension transfer inflows onto its advised platform decline, the latest trading update from the company revealed this morning.
In the three months ending 31 March 2019, DB pension inflows to the business stood at £200m, compared to £500m for the same period one year ago. Last month the firm said DB transfer activity had "passed...
For a long time, the road to retirement followed a familiar path. Individuals saved up for a pension during their working life in order to retire at a set age; usually around 65. This path has shifted, however.
Only one in ten opt for an annuity
Scheme pays or not scheme pays?
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
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...
Supported over Christmas
Plus online scams