A-day rules allowing ‘protected rights' to be taken before the age of 50, provided there is a ‘protected pension age' in place, is causing confusion which could lead to a 70% tax charge.
Innes McKeand is moving later this year to become head of equities at Aegon Asset Management.
Royal London is renaming several of its unit trust funds from next month, as part of its move to turn the unit trust fund range shift to COLL regulated funds.
Scottish Life has introduced a new online facility for its range of pension products.
Abbey has sold its life business to Resolution for £3.6bn.
Graham Dow is leaving his post as head of investment marketing at Scottish Life to join Edinburgh rival Standard Life.
Neil Lovatt is leaving his post as head of marketing development at Scottish Life.
PLANS FOR A new low-cost savings scheme to tackle Britain's looming pensions crisis are gathering momentum in spite of objections from pension funds and the insurance industry, reports The Financial Times.
Intermediaries need to recognise stakeholder-style pricing models are unsustainable and rethink how their business operates or risk serious financial damage, warns Scottish Life.
Scottish Life is to improve its range of external fund links to give intermediaries access to funds that are more likely to meet their client's needs, by providing a 'fund matrix'.