Shakespeare’s phrases are better understood by the public than financial jargon – despite being 400 years old – new research suggests.
The Government is asking finance firms to tell it what regulators, including the FCA, can do better to support innovation in the sector.
Plans have been unveiled for another new type of ISA.
The whole plan for the secondary annuity market is ‘doomed’, unless a fundamental problem can be addressed, a pensions expert says.
A Financial Planning firm founder has branded remarks about Financial planning from the outgoing FCA chief executive as “outdated” and “not very helpful”.
A football club has been fined £22,900 after the Pensions Regulator said it “repeatedly failed to comply” with its automatic enrolment duties.
Firms getting involved in the new secondary annuities market must recommend clients seek regulated financial advice or guidance from Pension Wise “at the earliest opportunity”, new proposals state.
A Financial Planning firm’s head of private clients has left to join another advice firm.
Annuities may become the most popular option for retirees if Britain exits the European Union in June, the founder of eValue believes.
Pension savers could lose up to £58,500 in tax relief due to the “annual allowance minefield”, a savings firm has estimated.