The number of teachers opting out of the Teachers’ Pension Scheme has climbed 14% to 13,112 during the past 12 months, data collected by the Department for Education has revealed.
Read more ...Average pension transfer times fall by 14%
- Monday, 29 July 2024
- Articles
Average transfer times for DC pensions fell by 14.2% in the 18 months to the end of June 2024, according to new figures published by fintech Origo.
Read more ...140,000 pensioners facing tax demand for 'first time'
- Monday, 29 July 2024
- Articles
Around 140,000 pensioners will soon face tax demands for the first time since they retired through the ‘simple assessment’ process.
Read more ...FCA opens door to new ‘capital raising’ retail platforms
- Friday, 26 July 2024
- Articles
The FCA is to consult on ground-breaking proposals to launch capital-raising retail platforms to raise money for expanding firms.
Read more ...12% jump in new equity release clients in Q2
- Friday, 26 July 2024
- Articles
The number of new equity release customers jumped by 12% to 5,240 in Q2 as the market recovered from a downturn last year, according to the Equity Release Council’s latest quarterly market report.
Read more ...Profit recovery at Jupiter but outflows continue
- Friday, 26 July 2024
- Articles
Fund manager Jupiter has reported pre-tax profits for the latest half year up by £3.9m to £38.7m.
Read more ...1 in 3 financial services firms censured by regulators
- Friday, 26 July 2024
- Articles
Over one in three financial services firms (36%) have been penalised at least once in the past 12 months for failing to meet regulatory requirements, according to a new report.
Read more ...FCA fines first crypto firm with penalty of £3.5m
- Thursday, 25 July 2024
- Articles
The FCA has issued a £3,503,546 fine to CB Payments Limited (CBPL) for repeatedly breaching a requirement preventing it from offering services to high-risk customers.
Read more ...Iress adds AI adviser assistant integration to Xplan
- Thursday, 25 July 2024
- Articles
Iress has added integration with artificial intelligence-powered adviser assistant tool PlannerPal to its cloud-based advice and wealth management software Xplan.
Read more ...FCA removes permissions from Brentford adviser
- Thursday, 25 July 2024
- Articles
The FCA has cancelled the permissions of Brentford-based Ekara Health Ltd (FRN 940007).
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