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Old Mutual Wealth, one of the UK’s largest wealth management businesses, today announces the appointment of Mike Mainwaring as head of sponsorship.
According to the latest research* by Old Mutual International, 38% of international advisers who carry out pension transfer business believe a review of the new rules is required in light of numerous challenges. Just 20% of advisers did not think a review was required and the remaining 42% of advisers were not sure. This suggests there would be widespread support for a review of overseas pension transfers by the Department for Work and Pensions (DWP).
On Thursday, January 7, 2016 The FCA published Retirement Income Market Data for the period from July to September 2015. Below is a comment from Jon Greer, pensions technical expert at Old Mutual Wealth: