Media coverage of the British Steel saga, comments from politicians and uncertainty on the part of the regulator are combining to increase the cost of PI insurance for firms advising on pension transfers, according to Keith Richards.
The Personal Finance Society chief executive told Professional Adviser insurers were doing what they were able to do by assessing whether they were overexposed to risk before warning the situation could...
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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Think tank report
Number of benefits
Alongside Barrett, Boston, Hopkins and Thorman on 17 October