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February 2018


If you’re covering Toys R Us’ announcement that they have gone into administration, please see the following comment from Ian Browne, pension specialist at Old Mutual Wealth. Ian explains what the collapse means for members of the company’s pension schemes and how this news puts more pressure on the government to deliver in their upcoming white paper on DB schemes. 


Old Mutual Wealth announces that Richard Freeman will retire from the business at the end of June 2018.


Old Mutual Wealth Private Client Advisers is today pleased to announce the acquisition of A&M Financial Services. 


In the government’s response to the Work and Pensions Select Committee’s report on pension scams, they reveal some of their upcoming plans to combat the increasing epidemic. These include:


Jane Goodland, Responsible Business Director at Old Mutual Wealth comments: “The MyBnk and MUFG research shows parents are asking for financial education to take priority over other PSHE subjects, like sex education, as they recognise that financial education will better equip their children with the knowledge they need to succeed in the world. 


Old Mutual Wealth and Old Mutual International have both launched a new innovative Excess Income Trust solution and online tool to help clients benefit from the ‘normal expenditure out of income’ exemption, providing a simple and tax efficient way to pass on wealth. 


Jon Greer, head of retirement policy at Old Mutual Wealth comments: “On the surface recent ONS numbers show a shocking lack of pension income for the self-employed, but that is a distorted snippet that does not reveal the whole story of this group’s wealth.


Almost half (48%) of athletes had not thought about planning their finances, according to initial findings from Financial Adviser School (FAS)* and MA Sports Consulting (MA).** These findings come as new research from the Professional Players Federation finds just over half of retired sportspeople reported financial difficulties in the five years after stopping playing.


Jane Goodland, responsible business director at Old Mutual Wealth comments on today’s numbers from the Office for National Statistics on saving for retirement.  


Data published today from the ONS reveals some intriguing trends in levels of household wealth in the UK. The data shows that while overall wealth has increased, so too have debt levels, and while pension inequality has shrunk there are still significant challenges confronting the UK retirement savings landscape. 

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