Pension
UK struggling under ‘epidemic’ of financial illiteracy
Technical terms about pensions keeping clients away
UK regulator ramps up pressure on providers to police advisers
Firms must spot negative trends like high volumes of transfer from a single scheme over a short period
Saunderson House parent sold to private equity firm
Deal follows aborted 2018 sale that saw £3m offered to advisers to encourage them to stay
Over a million pensions face 55% tax timebomb
Drastic cuts to the UK’s lifetime allowance are driving people unknowingly over their tax-free limit
Significant shift in UK’s pension landscape
Retirement industry has undergone drastic change since 2013