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Fear of mass MPAA breaches as pensions tapped
The cost of living crisis could lead to mass breaches of the money purchase annual allowance (MPAA), as more people flexibly access taxable income from their retirement pot to cover increased costs.
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FOS upholding 35% of complaints
The Financial Ombudsman Service’s uphold rate has remained steady at 35% despite a rise in complaints about financial products.
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Ex-FCA exec to carry out review of TPR
The DWP has appointed experienced FCA regulator executive Mary Starks to lead a review of the The Pensions Regulator.
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NatWest buys workplace pension firm Cushon for £144m
NatWest is to acquire a majority shareholding in Cushon, the workplace savings and pensions fintech, for £144m.
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Broadstone snaps up York consulting actuary
Pensions and employee benefits firm Broadstone is to acquire York-based consulting actuaries H&C.
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