News

Retirement Planner's round-up of the top pension stories this week.

The number of pension liberation complaints under investigation by the Pensions Ombudsman (PO) has risen to 41, IFAonline's sister title Professional Pension has revealed.

Annuity Direct is now under the ownership of Fidelity Worldwide Investment after the deal to buy the retirement specialist was approved by financial regulators.

Neil Woodford is to use a three-week offer period to launch a new UK equity income fund when he joins Oakley Capital this May.

Purchasers of IFA businesses are taking advantage of a "once in a lifetime land grab" as the impact of increased regulation pushes traditional advisers out the industry, according to a consultancy firm.

IFA Willow Financial, which was pushed into administration by Arch Cru compensation claims, has been named among 20 firms declared in default by the Financial Services Compensation Scheme (FSCS).

AFH Financial Group has announced a number of changes to its board, including the appointment of Paul Wright as chief financial officer.

Clients saving more for retirement will cause global assets under management to soar by 2020, PwC has predicted.

A panel of pension experts has been appointed to carry out the audit of high cost and legacy defined contribution (DC) workplace schemes, prompted by last year's Office of Fair Trading (OFT) investigation.

Philip Matthews has turned over almost half the holdings in the Schroder UK Alpha Plus fund since taking over the fund from Richard Buxton in October, IFAonline sister title Investment Week can reveal.