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Pension

‘Phoenix Life has been keeping my £86,000 pension for a year against my wishes’

Has a company treated you unfairly? Our Consumer Champion is available to help. For how to contact her click here.Dear Katie,I have been trying to move my pension with Phoenix Life over to a Fidelity Sipp for over a year after having been given a transfer value of £86,000. However, the pension has still not yet been moved.Most of the correspondence I have had with Phoenix Life has been ignored, or responded to via an automated email response.Fidelity has contacted it several times to request that the funds be transferred,...
Economy

What next for UK equities?

Actively managed equity funds failed to perform relative to passive mandates in 2022 according to Morningstar, but the tide could be about to turn, according to that company’s European chief investment officer Mike Coop.Coop says 2022 was driven by two "generational events", the first being the end of the low interest rates era when Russia invaded Ukraine, and the second being the end of the innovation bubble in investment markets.But while he feels those are events of unusual significance in investment markets, he feels investors can learn lessons from recent history. He...
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