Claims suggesting an investment platform could be used to resolve the issue of protecting tax-free cash when consolidating pensions are unfounded, says Standard Life.
The next 12-18 months should see the industry move towards deals that tie up different front-end systems to create single point-of-sale solutions for intermediaries, says Ben Goss, managing director of Distribution Technology.
Consolidation of the IFA sector continued today with news Bestinvest is acquiring SMA Group in a cash and shares deal of unspecified value.
Contrary to jokes about women and spending, new research suggests men are more likely to need to rein in their debts.