The pension industry has broadly welcomed FCA proposals to introduce ‘targeted support’ as part of its wider review of the advice/ guidance boundary. A consultation on these proposals closed this week. But...
The Treasury Committee’s Lifetime Isa review presents an opportunity to debate the marmite of all tax wrappers. It started out with great hope: young workers could save into a scheme (with a...
The Pensions Administration Standards Association (Pasa) will appoint David Fairs as chair and Kim Gubler as president of the body. The two will formally be appointed at Pasa’s annual conference on 24...
Broadstone says it is supportive of the government’s aim to include pensions with inheritance tax, in order to ensure they are primarily used to generate income in retirement, rather than as a...
The FCA has today provided an update on its polluter pays regulations, setting out its clear expectations that firms should take reasonable and verifiable steps to ensure any potential and actual redress...
Providers and consultants have urged the government to focus on value for money metrics, rather than asset size when driving consolidation in the DC market. These responses suggest that the industry is...
The typical defined benefit transfer complainant is now likely to receive no compensation at all for poor advice due to rising annuity rates and more buoyant stock market returns. These findings come...
The Financial Conduct Authority (FCA) has set out plans to simplify the information firms send to investors. This changes follows Brexit, as previously UK firms sent out information that was standardised across...
The Financial Conduct Authority (FCA) has brought criminal charges against the partner of a wealth management firm, claiming he transferred £64m from client accounts, using the money to buy racehorses, residential and...
The Government has confirmed it will not pay compensation to the 3.6m 'Waspi' women born in the 1950s who claim they were given insufficient warning about increases to their state pension age....
