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Chancellor Sajid Javid is likely to tackle some thorny pensions problems in his first post-election Budget which will take place on Wednesday 11 March.
As you will no doubt be aware, we have recently had the budget date announced as 11 March. This is somewhat later than anticipated, not least because the Conservatives pledged a post Brexit Budget in February as part of their election campaign.
Financial Planning-based adviser and pension benefits company LEBC has unveiled what it calls a ‘Bionic Advice’ service designed to make financial advice more widely available and more affordable.
HSBC Master Trust has become the first new master trust to be authorised by The Pensions Regulator which has so far focused on authorising existing schemes.
Curtis Banks, the SIPP and SSAS provider, has predicted that growth in the retirement advice sector in 2020 will come mainly from pension savers and advisers changing or switching existing drawdown plans.