Emma Simon

One if five pension savers who withdrew a cash lump sum from their pension did so as soon as they turned 55. The figures from Legal & General, show that a significant proportion of people are accessing their pensions at the earliest opportunity, with the vast majority failing to seek advice on the potential financial

Molo Finance has expanded its sales and distributions team with the appointment of Richard Cunningham as telephone business development manager. Cunningham (pictured left, below) has over 20 years experience in financial services having held roles at London & Country, Coventry Building Society and Hinckley &

Molo Finance has expanded its sales and distributions team with the appointment of Richard Cunningham as telephone business development manager.

There has been an increase in the number of foreign nationals buying UK property, with those from Hong Kong still that largest cohort of overseas There has been an increase in the number of foreign nationals buying UK property, with those from Hong Kong dominating the market

Letting and estate agency Winkworth has reported a strong uptick in sales for the second half of last year. In a trading update to the stock market, Winkworth said agreed sales rose 27% year on year for H2 2024. This followed a 19% increase in the first half of the year, giving an overall annual increase of 23% for

Specialist lender United Trust Bank has launched a range of 90% loan-to-value second charge mortgages. These products are sold as two-, three- and five-year fixes and are available exclusively through the mortgage packagers in its premier club. The 90% LTV only comes on a five-year fix, starting at 9.99%, with loan

The People’s Pension has confirmed it is targeting a £4bn investment into private markets by 2030, with a substantial weighting to UK assets. In order to facilitate this the company says it will appoint a private markets speciation shortly, and will also be creating a research capability. It confirmed that a substantial part of this

Broadstone says it is supportive of the government’s aim to include pensions with inheritance tax, in order to ensure they are primarily used to generate income in retirement, rather than as a wealth transfer vehicle. However the consultancy firm has raised concerns about as to whether IHT should be levied on lump sums from DB schemes

Pension contributions aren’t a financial priority for savers until they reach their 50s according to the latest research from Standard Life. It found younger people were far more likely to prioritise saving for home ownership, family finances and the problems of managing debt and day-to-day finances. This research looked at how customer’s financial priorities shift

The L&G Mastertrust has reached £30bn of AUM becoming the first commercial master trust in the UK to pass this milestone.