News

Pensions minister Steve Webb has said the government is "absolutely prepared" to cap private pension fund management charges if they hinder saving.

A blanket ban on traded life policy (TLP) investments would amount to "overkill" and could hamper the UK's ability to compete in global markets, according to SL Investment Management (SL).

Wealth management firm Quilter, owned by Wall Street bank Morgan Stanley, is in discussions about a possible sale to a private equity firm.

Aegon is the latest major insurer to unveil its corporate pension "hub" for employers.

Pacific Life Re has applauded insurers for tackling the growing problem of long delayed GP reports (GPRs) by using data protection legislation to request medical information.

Peers are today expected to challenge plans for a £26,000 cap on the benefits families can receive by suggesting child benefit should be excluded.

The overwhelming majority of advisers using platforms are still aiming to remain independent after the implementation of the retail distribution review (RDR), with only a handful looking to retire, it has been suggested.

UK markets were firmer today, reaching new highs for 2012 as investors went to risk-on mode, despite the threat of a stand-off between Greece and its bondholders.

In 2011 the equity release market enjoyed the first annual rise in both total lending and plan sales since 2007 according to Key Retirement Solutions.

Guernsey-based QROPS specialist, Overseas Pension, is organising a number of information initiatives to help IFAs understand what the forthcoming changes to QROPS legislation mean for clients. The first will be conference call on 26 January.