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

Darius McDermott: Electrification's second act

Darius McDermott: Electrification's second act

Electrification has become a national security question

Darius McDermott
clock 24 August 2026 • 5 min read
What advisers need to know as SpaceX fuels space investing interest

What advisers need to know as SpaceX fuels space investing interest

WisdomTree’s Mobeen Tahir unpacks the space economy theme

Professional Adviser
clock 14 August 2026 • 1 min read
How markets have developed in 2026 so far

How markets have developed in 2026 so far

'Active allocation does not mean constant trading or short-term market calls'

James Flintoft
clock 12 August 2026 • 3 min read