Adrian Boulding: Advisers can thrive in ‘tougher’ DB transfer market
Just before Easter, the Financial Conduct Authority (FCA) published its much-awaited policy statement (PS18/6) detailing the new safeguards it requires of all...
Providers axe pension jargon to help consumers
Thousands of pensions documents have been adapted and simplified to remove jargon to benefit consumers after a two-year industry initiative, according to...
MPs launch inquiry into future DB legislation proposals
The Work and Pensions Committee is launching an inquiry into the proposals laid out in its recent 'protecting defined benefit schemes' paper,...
FSCS claims against British Steel adviser start piling in
The Financial Services Compensation Scheme (FSCS) has received 34 complaints from former Active Wealth UK clients, the adviser embroiled at the centre...
British Steel workers to sue over pension transfer plight
British Steel workers who transferred their defined benefit (DB) pensions with Active Wealth UK have started legal proceedings against "all...
TPR to prosecute firm for illegally opting staff out of pensions
The Pensions Regulator (TPR) is to prosecute recruitment company Workchain and seven of its directors and senior staff for allegedly using...
Unregulated British Steel introducer accused of giving financial advice
The unregulated introducer at the core of the British Steel Pension Scheme saga, Celtic Wealth Management, has been accused of...
Two more providers axe free TVAS reports for advisers
Prudential and LV= have become the latest providers to stop their free transfer value analysis (TVAS) report service for advisers in the wake of...
Providers offer suitable drawdown info but people don’t consider options – FCA
Pension firms offer consumers the necessary information to access pension freedoms without financial advice but many people premeditate their choices...
British Steel saga prompted FCA back-pedaling, say experts
The Financial Conduct Authority's (FCA) U-turn on dropping the unsuitable defined benefit (DB) transfer assumption could be attributed to the poor advice...
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Adrian Boulding: Strategies to avoid income ‘over-drawdown’
The issue of safe withdrawal rates - sometimes called sustainable income rates - has come increasingly into the spotlight for advisers serving baby-boomers who are...
