Cold-Calling Con-Men Warning For Would-Be Investors

Fraud investigators are warning investors not to fall for promises of untold riches made by tricksters who call them out of the blue. The government’s Insolvency Service is concerned that so many investors hand their savings to crooks offering alternative investments with unrealistic returns. In the latest, Gary Arnold, 31, of Waltham Forest, East London, […]

How Saving Instead Of Borrowing Boosts A Pension

Retirement savers are more concerned with repaying debt or covering day to day living costs than increasing their pension contributions. Almost two-thirds say they would ease their financial stress if they had some extra cash rather than put the money into a pension. Less than a fifth facing a struggle to keep on top of […]

Will In Specie Tax Grab Affect QROPS Pensions?

The UK tax authority has slammed another nail into self-managed pensions by barring tax relief on in specie investments to schemes with 26 providers. Thousands of retirement savers are now concerned that the ban will spread to other pension providers. An in specie contribution allows retirement savers to move property or other assets into a […]

Touchstone Advisory Ltd launches in Bahamas

A recently established financial advisory has been making positive waves throughout the financial world, seemingly due to the personnel involved and the commitment it has made to using innovation and the latest technology in finding the best and most appropriate solutions for clients. Touchstone Advisory Ltd is fully licensed and regulated by the Securities Commission […]

Brexit Is Go As May Triggers Article 50

Britain has finally started talks to leave the European Union after the Brexit referendum voted ibn favour of the split. Nine months and a few days after the referendum, Prime Minister Theresa May has written to European Council president Donald Tusk. Her six-page missive basically said thanks for having us, but we’re off and would […]

Markets Wait On Fed For Interest Rate Rise

All eyes are on the US Federal Reserve as interest rates were left at a record low of 0.25% by the Bank of England in the face of better than expected economic data. Markets are waiting with bated breath for the Fed to hike interest rates – which chair Janet Yellen has hinted will happen […]

Oil Exploration Drops To Lowest Level For 64 Years

Oil and gas contractors kicking their heels waiting for the market to pick up may have more time on their hands. Spending on new oil and gas projects has slumped to $450 billion – down from $780 billion just two years ago and the lowest investment level in 64 years. International industry watchdog the International […]

Cut-Price Set Up Costs For New Range Of QROPS

A leading Qualifying Recognised Overseas Pension Scheme (QROPS) provider is offering a cut price deal for expats transferring their retirement savings. As part of a focus on QROPS for British expats, STM Group has set the establishment fee for the offshore pensions at zero until March 31, 2017. The incentive covers all STM QROPS – […]

Royal Mail Posts Pension Warning For 94,000 Staff

The Royal Mail has posted a warning to 94,000 workers that the company’s final salary pension scheme is too expensive to run. The company pays £400 million a year into the scheme, but has calculated by 2018, the cost of running the pension and paying benefits will be more than double that – at close […]

90% Of Retirement Savers Can’t Spot A Scam

Most retirement savers are confident that they can spot a pension fraud – but nine out of 10 picked a scam when asked to choose from three mock-up adverts offering financial advice. Consumer watchdog Citizens Advice asked 2,000 people whether they felt safe from scammers, and 75% said they were confident they could spot a […]