The DC pension charge cap should not be reduced below 0.75 per cent, and flat fees should be prohibited say leading consultancies. Responding to the DWP consultation on the automatic enrolment charge...
Retirement incomes will be slashed if the Government follows Australia’s lead in allowing pension withdrawals for those left without income as a result of the financial crisis caused by Covid-19, the Organisation...
Atlas Master Trust is partnering with Hargreaves Lansdown for the delivery of a Workplace Isa, general investment account, Sipp and specialist retirement income solutions. The master trust says the new product suite...
Hargreaves Lansdown has ditched its influential “Wealth 150” list of recommended funds, replacing it with a slimmed-down list of 60 funds. This new list - known as the “Wealth 50” - will...
The Financial Conduct Authority and the Pensions Regulator have announced a joint regulatory strategy aimed at improving retirement outcomes for consumers. This will include a wide-ranging strategy review next year, which will...
FOS’s annual report shows there were 2,051 Sipp complaints in the year 2017/18, up from 1,493 in the previous year. Personal pension plan complaints by contrast fell 38 per cent, down from...
Widows says the new product suite will enable it to compete for the very largest schemes, as well as enabling intermediaries to build bespoke client investments or offer ready-made solutions for a...
Life and pensions intermediaries are being hit with a £36m supplementary levy from the Financial Services Compensation Scheme (FSCS) following a surge in claims about bad advice relating to Sipps. This additional...
Suffolk Life has bought European Pensions Management (EPM), the Sipp provider that entered insolvency proceedings earlier this summer. The deal includes 5,000 Sipps with a value of around £630m.The acquisition takes Suffolk...
The product combines the PruFund range of smoothed funds and the ability to add further capital guarantees and the ability to adjust and add other investments within a Sipp wrapper. Clients will...
