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FOS funding ‘will need to change’ FCA tells MPs

The current level of funding and the financial structure of FOS will have to change, FCA chairman Charles Randell told the Treasure Committee today.
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Selectapension winds up DB pension advice arm

Selectapension has wound up its subsidiary arm that executed defined benefit advice.
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Millennials saving up to a fifth of earnings for retirement

Despite a reputation for squandering cash on smashed avocado and expensive coffees, Millennials are saving more of their income than the next oldest generation of workers, a new survey has revealed. 
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SIPPs and SSAS firm expands with 4 senior hires

SIPPs and SSAS firm Dentons Pension Management has made a series of new appointments.
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FSCS pays out £1.1m to former Active Wealth clients

The Financial Services Compensation Scheme (FSCS) has revealed it has so far paid out £1.1m to former Active Wealth clients hit by the British Steel pensions debacle.
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  1. Experts hail pensions cold calling ban which starts today
  2. Firm issues warning over 'large SSAS fines and de-registration'
  3. SIPPs firm director to stand down after 7 years
  4. Fears over MPs' probe into contingent charging

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