Retirees looking to access additional income from their defined benefit (DB) scheme during the Covid-19 crisis will be victims of a “capacity crunch” as suitable financial advisers flee the market, according to Barnett Waddingham.
The professional services consultancy found the direct market impacts of coronavirus will add to the pressures of increased regulation and the rising costs of professional indemnity insurance that have...
4% said ESG mattered "a lot"
Costly DB scheme regulations can result in abuses of equitable relations among stakeholders, say Iain Clacher and Con Keating.
Already helped younger investors
Transfer quotes could sharply rise
'Financial vulnerability could increase'
Record outflows in March
Died from motor neurone disease
Andy Thompson departure
What next for UK financial services?