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FOS plans fee freeze despite expected rise in pension cases
The Financial Ombudsman Service plans to freeze its fees for 2023/24 at this year’s level due to the economic pressures facing firms.
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AMPS selects Embark exec as new chairman
The Association of Member-Directed Pension Schemes (AMPS), the industry body for SIPP and SSAS providers, has selected Andrew Phipps, senior propositions manager at Embark Group, as its new chairman.
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Westbridge adds three after Rowanmoor SSAS acquisition
SSAS firm Westbridge Group has added three new hires following the announcement of its acquisition of failed pension firm Rowanmoor’s SSAS business.
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Bank base rate up 50bps to 3.5%
The Bank of England today increased its base rate by 50 basis points from 3% to 3.5% in a move widely expected by experts.
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FCA calls for views on PRIIPs replacement
The FCA has called for views on potential disclosure rules to replace the Packaged Retail Investments and Insurance Products (PRIIPs) regime and the Undertaking of Collective Investment in Transferable Securities (UCITS) rules.
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