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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

Chancellor Rishi Sunak has reprieved Entrepreneur’s Relief from a predicted chop but cut it from £10m to £1m.

Pension consultancy Barnett Waddingham has warned that the potential axing of the RPI inflation measure by the government could have ‘seismic’ implications for pension schemes.

Two of the world’s biggest financial businesses are to combine with Aon buying rival Willis Towers Watson for £23bn.

Defined benefit pension transfer values rose in February with Coronavirus fears spurring the rise, according to the XPS Transfer Watch Index, a monthly study of transfer values.

Pension savers are more likely to have a pension than 10 years ago but more are expecting to retire later than their parents’ generation.

The director of a company acting as a trustee for 16 pension schemes has received a £10,000 court fine for failing to hand information to The Pensions Regulator.

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