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  • The Financial Services Compensation Scheme (FSCS), the industry-funded consumer compensation body, declared 13 regulated firms in default between August and November, including a Scottish SIPP firm, it reported this week.

  • Nearly half (45%) of HNWIs have no written record of what they’ve gifted to loved ones, according to new research, leaving them at risk of falling foul of IHT rules.

Latest News

Today’s Office of National Statistics figures on the UK labour market showed it is the youngest and the oldest in the workforce who are most likely to have been made redundant as a result of the Coronavirus pandemic.

The High Court has ordered illegal pension introducers Avacade, Alexandra Associates and their directors to pay compensation to consumers.

Provider Royal London has reported a loss before tax of £181m as new business sales in the life and pensions arm decreased in the first half of 2020.

Options Pensions has launched a Sharia SIPP in partnership with Islamic investment group Wahed Invest.

A fund raising page has been set up in memory of Curtis Banks communications director Greg Kingston who died tragically in July at the age of 47 in a holiday road accident.

The Competition and Markets Authority has provisionally blocked the ‘mega-merger’ of platform providers FNZ and GBST due to concerns that the tie-up would hit competition and may lead to investors paying more.

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