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MPs on the Works and Pensions Committee have voted to investigate contingent charging on pension transfers but some in the industry are sceptical about the benefits of such a move.
The UK public expects the age at which they are entitled to receive the State Pension to increase to 70, a new survey has found.
Dame Colette Bowe, a former chief executive of the UK’s top financial regulator, and Dame Jayne-Anne Gadhia, former chief executive of Virgin Money, have been appointed to the powerful Financial Policy Committee.
A survey of 700 DIY investors has revealed a raft of concerns from pension tax relief to ISAs.
The State Pension is 110 years’ old this week but an increasingly ageing population could spell future uncertainty according to experts.