Early Distribution Insurance
Distributing assets from an estate before the full administration is complete, or before all debts and taxes are settled can lead to issues. Creditors or tax authorities may demand payment after distribution, and beneficiaries could be asked to return funds. Claims may be made against the solicitor for negligent or premature distribution of the estate, […]
Advisers are turning away later life lending enquires, study finds
Nearly two out of five advisers are regularly turning away potential new clients enquiring about later life lending options because they lack confidence in providing a suitable service, new research from Key Later Life Finance, the UK’s leading equity release adviser, shows. The study with over-50s specialists, wealth advisers and general advisers found a further […]
Two-thirds of employers embrace responsible pensions – but less than half have as their default
More than two-thirds (69%) of employers in the UK now offer a responsibly invested company pension – but less than half have it as their default option (44%), which puts the onus on employees to take action if they want to switch, Scottish Widows has revealed. However, Scottish Widows’ Responsibly Invested Pensions Report reveals that […]