Latest Blogs
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James Jones-Tinsley: Aiming for an advice-guidance sweetspot
As Nikhil Rathi is reappointed as CEO of the Financial Conduct Authority (FCA) for another five years, the FCA has set out its strategic direction for 2025/26, with important implications for financial advisers.
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Lisa Webster: Maximising protected tax-free cash
While 2024 ended with a lot of doom and gloom in the pension world following the big announcement on inheritance tax (IHT), there was some good news that may have slipped under the radar of some advisers.
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James Jones-Tinsley: Guided Retirement Duty could be game changer
During May, the Pensions Policy Institute (PPI), sponsored by The Pensions Regulator (TPR), concluded that defined contribution (DC) pension savers – including those in SIPPs, as well as in Workplace Pensions - require more guidance when choosing suitable retirement products.
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Tilley: Is the age 75 trigger date now irrelevant?
Age 75 has been an important milestone in pension rules since A day in 2006. It was the latest age at which a compulsory annuity purchase was required (prior to Pensions Freedoms). It's arguably it’s long been an arbitrary line in the sand, noting that life expectancy has been on the increase for the last 20 years, but this trigger age has remained unchanged.
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Lisa Webster: Overcomplicated rules are a threat
It may be more than a year since the Lifetime Allowance was formally abolished but issues are still emerging from the mess made by rushed legislation.
Popular News
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FCA sets out plans to allow firms to offer ‘targeted support’
The FCA has today published its proposals on ‘targeted support’ which would allow firms to make financial guidance suggestions to groups of consumers with 'common characteristics'.
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FSCS says SIPPs complaints 'main driver' of workload
The Financial Services Compensation Scheme says that a surge in complaints about SIPPs over the past year was one of the "main drivers" of a growth in complaints, according to its annual report.
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Professional complaints fuel 50% jump in FOS cases
Complaints to the Financial Ombudsman soared by over 50% during the past year to top 305,000 - driven in large part by claims from professional representatives, including claims management companies.
Strike action by members of the Public and Commercial Services (PCS) union at The Pensions Regulator has been suspended and staff returned to work last Wednesday.
Almost one in five (16%) of Britons had accessed funds from their pension savings without understanding the rules before doing so, according to a new report.
Almost one in five (16%) of schemes with under £100m in assets scrutinised by The Pensions Regulator (TPR) as part of a pilot into the effectiveness of its new rules over value for member assessments has opted to wind down.
A report this morning from Hargreaves Lansdown found that the pension gender gap continues to grow.
Almost a fifth of retirees are being forced to return to work or to consider doing so because of struggling finances, research from Standard Life has revealed.
Schroders and the Pensions Management Institute (PMI) have today launched what they've called a Lifetime Savings Initiative, a project to shine a light on the challenges facing UK savers.