It’s inevitable that the evolution of FinTech and artificial intelligence will redefine many professions, not just that of financial advisers, but it’s my strong belief that it will not make the best of our profession redundant.
If you have pension benefits from an old private sector final salary pension scheme, they could be much more valuable than you think. So, how much is the right to a £5,000 a year prospective pension actually worth in cash equivalent transfer terms?
Career moves, redundancies and job hopping can result in a collection of pensions - it's not unusual to come across people with more than five to their name. As retirement approaches, there comes a pressing need to look more closely at the collection and make the necessary adjustments.
For those who have accumulated significant pension funds, the act of joining the new company's Death in Service Scheme can unwind years of meticulous pension planning. Ross Glanfield explains how to avoid an expensive mistake.