Experts react to changes
The Financial Conduct Authority (FCA) want to completely exclude pension wealth from high net worth investor (HNWI) calculations in order to prevent retirees losing their nest egg in high risk sophisticated investments.
The Financial Conduct Authority (FCA) has revamped its at-retirement rules as a result of pensions freedom and choice reforms which opened up the retirement income market.
Garrett-Cox to step down from board
Toby Strauss, the chief executive of Scottish Widows, is to exit the group after four years.
Groundwork for telephone-based proposition