Consumer Duty-related costs will be permanent for advisers and their clients, Charles Stanley managing director John Porteous told Professional Adviser.
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It is available to individuals resident or employed in the UK
IPensions Group is expanding its offering for Irish expats to consolidate their Irish, UK or other overseas pension benefits into a self-invested personal pension (Sipp) with the launch of its Irish transfer service.
With the ability to transfer into IPensions’ Adviser Sipp or Platform Sipp products, the Irish transfer service is available to individuals who are resident or employed in the UK, or those who wish to transfer for other reasons acceptable to the Irish Revenue.
Consolidating existing pensions into a Sipp will help provide “flexibility on retirement planning” and can offer currency choices as well as access to wider investment options and discretionary fund managers, IPensions said.