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FCA paves way for 'simplified advice' for millions
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The FCA is planning to open the door to millions of consumers receiving ‘financial guidance’ on their personal finances which stops short of regulated financial advice.
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AJ Bell reports pre-tax full year profits up 50%
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Platform and SIPP provider AJ Bell has reported strong growth in revenue and profits in its results for the year ended 30 September published today.
FOS plans to charge CMCs for bringing cases
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The Financial Ombudsman Service is considering charging Claims Management Companies fees of up to £650 per case to help cut down on the tide of speculative claims that can clog up the service.
Nearly a third of over-55s have deferred retirement
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Nearly a third (32%) of over-55s have deferred their retirement plans since the Coronavirus pandemic began in early 2020.
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Staffs-based adviser fails with SIPP claims
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Staffordshire-based pensions adviser Quadros Financial Solutions Ltd (FRN: 764760) has been declared as failed by the Financial Services Compensation Scheme.