Fidelity has acquired Legal & General Investment Management’s UK Personal Investing business which manages £5.8bn in assets for 300,000 clients.
Nearly half of financial advisers have reported losing a female client after their partner has died, according to a report by platform and SIPP provider Fidelity.
Fidelity has promoted insider Jackie Boylan to be head of its adviser-focused platform business FundsNetwork.
People retiring today are having to cope with a 46% drop in their pension income compared to the money they could have expected before the credit crunch.
Sipp contributions more than trebled compared to the previous year, Fidelity International’s pension inflow figures showed.
FundsNetwork says that pensions investors have kept their faith in index trackers despite turbulent markets centred around China’s stock market crisis in August which saw many flee to defensive assets.
The number of Fidelity’s customers using Pension Wise before contacting the company has risen to 20%.
Fidelity has released further details of its FundsNetwork pension to be launched in September.
Fidelity Worldwide Investment is offering a one per cent cashback deal on transfers into the new Fidelity Sipp.
News from Twitter
Articles by Keyword
AJ Bell
AMPS
annuities
Autoenrolment
Barnett Waddingham
Curtis Banks
DWP
FCA
FOS
FSCS
James Hay
Lisa Webster
Mattioli Woods
Pension
pension freedoms
pensions
pension transfers
Platforms
regulation
retirement
retirement planning
Sipp
Sipps
Ssas
Talbot and Muir
The Pensions Regulator
TPR
Webster
websterblog
Xafinity