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FOS to raise compensation limit to £415,000
The consumer complaints body the Financial Ombudsman Service is to increase its maximum compensation award from £375,000 to £415,00 from 1 April.
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Men more likely than women to run a SIPP
Major new research has revealed that men are more likely than women (43% versus 37%) to manage their own pensions, such as via a self-invested personal pension scheme (SIPP).
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Pension and investment complaints fall 8%
The number of complaints about life and pension and investment companies fell by 8% during 2022, according to the latest data from the Financial Ombudsman Service.
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New low cost platform includes SIPPs
Fund manager Marlborough has launched an investment platform for financial advisers and their clients with an annual charge of 0.2%.
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State pension age rise could be delayed
Plans to bring forward a rise in the state pension age which were expected to be announced in May have been put on hold, according to newspaper reports
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