Sipp and platform provider AJ Bell has urged the Chancellor to avoid slashing pension tax relief in the Budget after speculation that the Treasury will need to cut pensions relief to make up for shortfalls in revenue and to curtail the rising cost of pre and post-retirement tax benefits.
Standard Life says it has made “significant enhancements” to its recently-acquired Elevate platform including a new business process and improved functionality aimed at cutting down on the time taken to use the service.
Foster Denovo co-founder Keith Carby is to resign from the company he helped set up in 2005 to make way for fresh blood.
Auto-enrolment has helped drive total membership of occupational pension schemes in the UK to a record 39.2 million in 2016, according to the latest figures from the Office for National Statistics.
The Chartered Institute for Securities & Investment is urging members to get behind the first ever World Financial Planning Day to be held on Wednesday 4 October.
UK investors say that sustainable investing has become more important to them over the last give years with over 50% increasing their allocation compared to five years ago.
Former pensions minister Baroness Ros Altmann says a PLSA call for smaller DB pension schemes to be merged into ‘superfunds’ to cut costs and improve returns is a “win-win” for employers and the schemes.
Former IFP chief executive Nick Cann, who suffered a major stroke in 2013, received two standing ovations at the annual CISI-IFP Financial Planning Conference today with a moving account of his battle to rebuild his life.
Justin Urquhart Stewart, director and co-founder of investment provider 7IM, said that the UK economy was weakening and the economic cycle - and not Brexit - was the main culprit although he agreed Brexit had unnerved international investors.
Financial education evangelist Warren Shute has won the coveted Certified Financial Planner of the Year Award in the annual CISI Financial Planning Awards.
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