LCP
Pension transfer business dries up amid interest rate hikes
Values have plummeted making retirees think twice about switching
Retirees urged to not rush into a pension transfer
DB scheme members should be careful not to ‘panic buy’ in the assumption that values will fall
PEOPLE MOVES: Odey AM, Charles Stanley, Stonehage Fleming
Asset manager names CEO, as wealth firm hires head of IHT
2.5 million UK adults to be dragged into higher rate tax band
But ‘now have a much bigger incentive to put more money into their pensions’
UK warned about high DC scheme costs with illiquid assets plan
Move would add ‘regulatory burden’ and deliver ‘little for members’