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Displaying items by tag: retirement

The FCA must fire a warning to firms that barriers stopping savers accessing their pensions are unacceptable, the Government has commanded.
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Parmenion has reported that it has processed nearly 3,000 applications for its in-house Sipp in its first year.
The company said this represented over £200m of assets.
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A Sipp firm claims its new proposition shows it has risen to the challenge laid down by the FCA for operators in the sector to up their game.
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Pension firms have called for greater clarity on the state pension, following the Queen’s Speech yesterday.
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Wednesday, 27 May 2015 10:11

James Hay strikes Sipp deal with Towry

James Hay has struck a deal with Towry for around 4,000 Towry Sipp clients to be transferred into the flagship James Hay Modular iPlan.
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Friday, 22 May 2015 12:22

Two directors hired by pensions firm

A pensions firm has announced the appointments of two new directors.
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A Sipp firm says it has seen a shift in adviser focus away from pension freedoms as the dust begins to settle post April.
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Fewer than 1 in 14 of the complaints received by the FOS about investments and pensions were regarding Sipps in 2014/15 but officials still say the number is significant.
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More than 9 out of 10 people are off course for the kind of retirement they aspire to, research from a pension firm suggests.
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Incoming Pensions Minister Ros Altmann has been encouraged to include a new Workplace ISA into the auto-enrolment legislation by the Centre for Policy Studies.
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