Retirement
Have pension freedoms cost retirees £2bn?
Putting money in a cash account diminishes their chances of getting returns
IFA firm CEO sets up digital retirement planning service
It will specialise in ‘natural income’ via investment trusts listed on the London Stock Exchange
Young people need to work 10 years longer to fund retirement
Or move pension pots into riskier investments
Over 65% of contingent charging DB clients transferred pension
‘Strongest evidence’ of the potential for bias when an adviser gets paid more if transfer goes ahead
Canada Life sets up Irish joint venture with banking group
To provide life, pension and investment solutions in the country