Three things your clients may call you about this week ...

Hunt for £40bn lost savings

clock • 2 min read

Tracking down old pensions, the question of gambling vs investing and landlords holding onto properties - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

'I tracked down my £14k lost pension - before the Government seized it' More savers are trying to track down forgotten-about pension pots before the government takes the money for other uses, according to The Telegraph. The Government said in January that pensions that had lain dormant for years would be used to fund "good causes" in an expansion of its scheme that already does the same thing with old bank accounts. The seized savings will be put into a recovery fund and slowly paid out in endowments to fund charities and social causes so savers will be able to claim their money back ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Partner Insight: Is tech a double-edged sword for advisers?

Partner Insight: Is tech a double-edged sword for advisers?

Sponsored by Flagstone
clock 02 December 2024 • 1 min read
Talking with… J.P. Morgan Asset Management CEO Patrick Thomson

Talking with… J.P. Morgan Asset Management CEO Patrick Thomson

The series continues as Richard Romer-Lee chats to Patrick Thomson

Richard Romer-Lee
clock 27 November 2024 • 5 min read
UK funds hit by £31.5bn in outflows so far in 2024

UK funds hit by £31.5bn in outflows so far in 2024

Passive UK-domiciled index funds gathered more than £14bn year-to-date

Giovanni Cafaro
clock 26 November 2024 • 3 min read