Only 14% of retirees over 55 took regulated advice and 4% took Pension Wise guidance before giving up work, according to a new report. 1 in 10 saw their own financial adviser with 4% seeing an adviser arranged by their employer before retirement, according to new research from retirement specialist Just Group. Nearly a third […]
Archives for August 2021
Working from home? The New York State taxman doesn’t care: Alexis Leondis
How to Get a Business Credit Card in 5 Simple Steps
Chances are, you likely have applied for a credit card to help pay off personal expenses and build credit. But, have you taken the leap and gotten a business credit card yet? If not, it’s time to buckle up and learn how to get a business credit card. How to get a business credit card: […]
Pension cold call firm hit with £50,000 fine
The Information Commissioner’s Office has fined Halifax-based marketing company Parkin Beacher Ltd (PBL) £50,000 for making nearly 100,000 illegal marketing cold calls to people about their pensions. PBL, which uses the trading name ‘Your Pension Options’, called people about their pensions without permission to do so despite a new law banning pension cold calling, said the […]
DB transfer values rise sharply
The XPS DB Transfer Index rose sharply in July to end the month at £260,000, just short of the record high of £261,500 seen in July 2020. The increase was driven largely by a reduction in gilt yields and marks the end of a period of relative stability for transfer values, according to XPS. XPS […]
How to avoid getting burned by Wall Street’s hottest money machine
Herbers & Company hires financial therapist
Living A Happier (Financial) Life By Deliberately Choosing “Less”
Financial planning clients don’t often visit their financial planners with the intent of reducing all the ‘stuff’ that they have and do from their everyday lives. Instead, the focus is typically on doing and acquiring more – investment gains, strategies to protect wealth, increasing asset diversification – these are more commonly the focus of financial planning meetings. And yet, by asking clients to reflect on a more novel problem-solving approach of subtraction as a way to create and select the most important goals […]
AJ Bell creates deputy CEO role in reshuffle
Platform and SIPP provider AJ Bell has promoted CFO Michael Summersgill to the newly-created role of deputy chief executive officer. He will take up the new position on 1 October. He has been chief financial officer since 2011 and is currently responsible for the company’s finance and operations functions. {loadposition hidden2} In his new role, […]
AJ Bell creates deputy CEO role in reshuffle
Platform and SIPP provider AJ Bell has promoted CFO Michael Summersgill to the newly-created role of deputy chief executive officer. He will take up the new position on 1 October. He has been chief financial officer since 2011 and is currently responsible for the company’s finance and operations functions. {loadposition hidden2} In his new role, […]