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FSCS investigates failed SSAS-linked DFM firm
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The Financial Services Compensation Scheme has opened an investigation into failed DFM and SSAS investment firm Central Markets Investment Management (CMIM) Limited.
Nearly 4 in 10 using ISAs for retirement saving
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New research suggests that Individual Savings Accounts (ISAs) are at the heart of many people’s retirement savings plans.
FSCS declares Birmingham BSPS-linked firm in default
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The Financial Services Compensation Scheme has declared BSPS-linked firm Green Gem Financial Ltd (FRN: 400488) in default over pension transfer advice, opening the door to compensation for ex-clients with valid claims.
Read more: FSCS declares Birmingham BSPS-linked firm in default
Only 39% of high earners set for ‘comfortable’ retirement
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Only 39% (two out of five) of high earners are on track for a ‘comfortable’ retirement, according to new data.
Read more: Only 39% of high earners set for ‘comfortable’ retirement
Aggregate DB surplus hits £476bn, says PPF
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The aggregate surplus of DB pension schemes increased to £475.5bn at the end of July, according to the latest Pension Protection Fund (PPF) 7800 Index.