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Cost of living crisis driving retired over-50s back to work
Rising expenses from the cost-of-living crisis is the main factor driving retirees over 50 back to work, according to new data from the Office for National Statistics.
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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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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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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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