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

Beyond the 60/40: Why the traditional portfolio blueprint is being tested again

Beyond the 60/40: Why the traditional portfolio blueprint is being tested again

'Bonds should not be doing all the defensive work'

Will Dickson
clock 09 July 2026 • 4 min read
SEI to launch two LTAFs in private markets 'expansion'

SEI to launch two LTAFs in private markets 'expansion'

‘Mansion House ambition’

Cristian Angeloni
clock 03 July 2026 • 1 min read
Darius McDermott: Building a resilient portfolio in a concentrated market

Darius McDermott: Building a resilient portfolio in a concentrated market

'A well-balanced portfolio should also take in the broadest possible range of growth opportunities'

Darius McDermott
clock 01 July 2026 • 5 min read