The Chartered Institute for Securities & Investment (CISI) and the Institute of Financial Planning have signed and exchanged contracts confirming that the merger of the two institutes will go ahead as planned.
Hargreaves Lansdown, the Bristol-based investment provider, is to change to a restricted advice model and promote its telephone-based advice services by dropping minimum portfolio requirements.
The Financial Conduct Authority has announced proposed changes to its pension rules to address the “risks and challenges faced by consumers in the new retirement market.”
As auto-enrolment marks its three year anniversary tomorrow with 5m workers enrolled (1 October 2015) a report suggests opt-out rates are lower than expected.
Two fifths (40%) of people aged under 40 predict that there will no longer be a state pension in 2050, according to new research.
UK sales of enhanced annuities to people with a reduced life expectancy continued their downward spiral in the first six months of 2015.
The Institute of Financial Planning board today announced that it has voted to formally approve the merger with the CISI and has also announced that interim CEO Steve Gazzard will be stepping down.
IFP interim chief executive Steve Gazzard CFPCM is to leave his role at the IFP after seven and a half years and will exit the organisation today.
Two new council chairmen have been appointed to the National Association of Pension Funds’ councils in a bid to overcome the challenges faced in the evolving pensions industry.
A survey of employers by Aviva has revealed that businesses are concerned about possible changes to pension tax relief.