The Personal Finance Society (PFS), the 40,000-member professional body for Chartered Financial Planners, is holding its one-day 2023 National Conference at the new International Convention Centre near Newport, Wales on Thursday (2 November).
Read more ...FSCS protection to be extended to Long Term Asset Funds
- Monday, 30 October 2023
- Articles
The Financial Conduct Authority confirmed in a policy statement today that Long Term Asset Funds (LTAFs) will be covered by the Financial Services Compensation Scheme.
Read more ...Teachers' Pension Scheme rise will hit private schools
- Monday, 30 October 2023
- Articles
The Department for Education has today confirmed an increase of 5 percentage points to the employer contribution rate of the Teachers' Pension Scheme (TPS) with schools' contributions set to rise from 23.6% to 28.6%.
Read more ...Nearly 300 support probe into ‘missing’ £10m at PFS
- Monday, 30 October 2023
- Articles
Nearly 300 Financial Planners have signed an open letter to the Personal Finance Society (PFS) board calling for a probe into an allegedly ‘missing’ £10m in funds campaigners claim is being held by the Chartered Insurance Institute, the PFS parent body.
Read more ...Workplace pension savers are more likely to be disengaged
- Monday, 30 October 2023
- Articles
Savers with workplace pension schemes are significantly less likely to understand or engage with their pensions compared to their counterparts with personal pensions, according to new research.
Read more ...Planner urges Chancellor to address retirement fears
- Monday, 30 October 2023
- Articles
Clients are increasingly worried about the prospect of maintaining their desired standard of living in retirement, according to Teesside Financial Planning firm Active Chartered Financial Planners.
Read more ...TPR bans motorcycle boss from being a pension trustee
- Monday, 30 October 2023
- Articles
The Pensions Regulator has banned Stuart James Garner, 54, the former owner of Norton Motorcycles, from acting as a pension trustee again after he was found guilty of using pension fund money to invest in his failing business.
Read more ...John Moret: Inside the pensions black box
- Monday, 30 October 2023
- Articles
As he enters his 75th year, one of the UK's leading SIPP and pensions experts John Moret, still working part-time in the pensions sector, has written a series of articles for Financial Planning Today reflecting on topics that have occupied him over the last 50-plus years. This is the fourth article in the series. Previous articles are available on Financial Planning Today by searching for 'john moret.'
Read more ...FSCS pays out £9.7m on failed pension transfer adviser
- Monday, 30 October 2023
- Articles
The Financial Services Compensation Scheme has so far paid out just over £9.7m on 234 successful claims against failed firm Portal Financial Services LLP, formerly Portafina LLP (FRN 501272).
Read more ...Trade body voices ‘deep’ concern over SSAS levy rise
- Friday, 27 October 2023
- Articles
The Association of Member-Directed Pension Schemes (AMPS), the industry body for SIPP and SSAS providers, has voiced “deep concerns” about a big proposed rise in a DWP pension scheme levy which could hit SSAS providers and other small pension scheme in the pocket.
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