Our industry is going through a period of change, brought on by new regulations in part aimed at increasing transparency for the consumer. The key changes are that from January 2013 the current commission system will be replaced with “client agreed remuneration” for any new products and advisers will
Why would anyone want a pension?
Protected Rights – new possibilities from April 6th
Historically, many people chose to contract out of the State Earnings Related Pension Scheme using their money purchase pension. Put simply, this meant that the money that would have gone into SERPS went into their personal pensions instead – effectively, they were swapping known benefits from the Government for unknown