Pensions

L&G acquires annuity portfolio for £3bn

Legal & General has acquired a £3bn annuity portfolio from Aegon. The transaction has been...

More people choosing to phase their retirement

LV= has revealed that 87% of people working aged 65 and over are happy...

Royal London invites members to committee

Royal London has written to over 800,000 of its members to invite them to...

One in seven to retire without pension this year

14% of people retiring in 2016 has made no provision for their retirement and will...

Young and middle earners positive about Lifetime ISA

The Skipton Building Society has found that middle and high earners are most likely...

Life & pensions sector to contribute more to FSCS

The Financial Services Compensation Scheme (FSCS) will levy £337m in the financial year 2016/17,...

FCA consults over secondary annuity market

The Financial Conduct Authority (FCA) has published a consultation on its proposed rules and...

£400m in pensions used to fund businesses

Since the so-called 'pension freedoms' came into force a year ago, business owners aged...

Majority of advisers unhappy with retirement solutions

MetLife has found that only one in five advisers are satisfied with the current...

LV=: risk of pensions ‘mis-buying’ scandal

12 months on from the start of the so-called "pension freedoms", research from LV= reveals that...

People could outlive pension pots due to ‘bad’ data

Although Brits frequently say that if they retire at 65, they will enjoy a retirement...

BUDGET 2016: Lifetime ISAs introduced

The government is introducing a new Lifetime ISA for people under the age of...

Steve Webb sounds Help to Save warning

A former pensions minister has has warned that the government’s ‘help to save’ scheme...

Pension providers welcome FAMR report

There has been a largely positive response to today's publication of the Financial Advice Market...

COMMENT

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for brokers and borrowers. But I think its importance goes beyond...

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help determine what leaseholders pay to extend leases or buy freeholds,...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

Latest news

Millions of households exposed to financial shocks despite apparent stability

Millions of UK households that appear financially secure could struggle to absorb an unexpected...

The Mortgage Hut adopts Instamo tool to speed up mortgage applications

The Mortgage Hut has introduced Instamo's FastSubmit technology to reduce the amount of manual...

FCA sets out timetable for major expansion of anti-money laundering supervision

The FCA expects to begin taking over anti-money laundering supervision of legal, accountancy and...

MAB revenue rises as refinancing drives mortgage completions

Mortgage Advice Bureau reported an 8.6% increase in first-half revenue to £161.0m as higher...

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