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Two financial adviser brothers, who conned 200 pensioners and vulnerable clients out of millions of pounds, have been jailed for a total of 11 years today.
Royal London director of policy Steve Webb has called for an end to what he called the “absurd” way pension withdrawals are taxed.
O&M Pension Advice is to cease activities as an Introductory Pension Transfer Advisory service.
Some 32% of pension savers using drawdown to fund retirement have no investment experience and two in five (41%) of these drawdown beginners have received no financial advice or guidance, according to new research.
SIPP operator Curtis Banks is further expanding into the UK commercial property market with the launch of two new companies.