UK - Investors in SIPPs should be more aware of the different charging structures set by providers, says research company Defaqto.
It says that current investors must be prepared to change their plans if they feel charges are becoming excessive – and notes that new investors must understand the charging structure of any SIPP before they invest in order to avoid unpleasant surprises.
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.