Three things your client may call you about this week ...

'Five possible taxes'

clock • 2 min read

Expensive pensions, chasing investor compensation and Budget speculation begins - here's your weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

Move your pension, get four extra years of income The Telegraph quotes figures from consultancy firm LCP in this article, which warns savers of the long-term effect of high fees on their pension pots. Putting higher fees into context, the statistics quoted say a retiree in drawdown starting with a £500,000 pot could be up to £70,000 poorer over 25 years if they are with an expensive provider, rather than one who charges the average amount. LCP's Dan Mikulskis says the most costly providers charge 2% when the average is around the 1% mark, while The People's Pension's Phil Brown warns ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Four reasons why direct engagement can still make a difference

Four reasons why direct engagement can still make a difference

'Quantitative data arguably tells only half the story'

Simon Wood
clock 05 March 2026 • 4 min read
Darius McDermott: Is income under pressure?

Darius McDermott: Is income under pressure?

‘The period of abundant income is ebbing'

Darius McDermott
clock 04 March 2026 • 5 min read
Investors told 'hold your nerve' as Iran strikes drive volatility

Investors told 'hold your nerve' as Iran strikes drive volatility

Ongoing conflict impact

Linus Uhlig
clock 02 March 2026 • 3 min read