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More pensions fully withdrawn but advised drawdown falls
The number of pensions being fully withdrawn have risen 5.1% but the number of people taking regulated advice when entering drawdown has fallen by 10% in the first half of the year, according to the FCA’s Retirement Income Market data bulletin.
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FCA advises firms to return to home working
The FCA has advised firms to return to working from home where possible.
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New entrant boosts adviser PI market
Specialist UK Professional Indemnity insurance firm Inperio is to launch a new PI product for independent financial advisers in the UK.
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DB scheme members may be due £25k payment
Defined benefit pension scheme members could still be waiting to receive payments as much as £25,000 following the Guaranteed Minimum Pensions (GMP) Equalisations judgement in October 2018, according to a pensions consultancy.
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iPensions launches platform SIPP
iPensions Group, recently rebranded from Momentum Pensions, has launched The Platform SIPP to enable advisers and clients to consolidate their pensions into an online managed SIPP solution.
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