Coronavirus impact on defined-benefit pension schemesCarl Lamb, director at financial advice firm Smith & Pinching, says those who have not yet accepted current valuations may go on to have them blocked. This might happen if the valuation you were given now looks too generous as the scheme has a duty to protect all of its members. However, he has a number of schemes in the transfer process currently and they have all said they would guarantee. He also notes that it is possible the transfer freeze will be extended until the coronavirus impact is understood and actuaries are comfortable valuing pension assets.
What do I do if coronavirus has impacted the value of my investments?This week, Carl Lamb of Smith and Pinching advises people on what they should do if their investments have dropped in value due to the coronavirus.
More than 50 firms sign up for Insurance Day of GivingThe campaign, in aid of Insurance United Against Dementia, sees firms across the UK taking part in fundraising activities on November 07 – last year the event raised £70,000 in one day and this year the aim is to pass the £100,000 threshold.
Almary Green acquired by Norwich IFA after mergerAlmary Green, the advice firm led by Carl Lamb, has been acquired by fellow Norwich-based chartered firm Smith & Pinching.