Advisers could face regulatory repercussions if they fail to warn their income drawdown clients about the potential pitfalls of taking their tax free cash early.
Pension providers say there is a growing trend for consumers to take their pension commencement lump sum (PCLS) - commonly known as tax-free cash- earlier than ever before. But they are concerned some...
Investors have largely avoided financials over the past 10 years, with the share prices of US and European banks having largely stood still relative to broader markets since 2007. But while banks won't return to their record valuations any time soon (and...
Steps already taken
Increasingly diverse sector
First of planned acquisitions
Feedback from first year