LEBC, the retirement advisory firm whose CEO died suddenly last year, has reported a loss of £232,000 in its latest financial figures.
Read more ...Royal London Covid-19 payouts top £13m
- Friday, 19 February 2021
- Articles
Royal London paid out £13.1m in Covid-19 claims in 2020 to a total of more than 2,100 customers.
Read more ...The Pensions Regulator tackles 50% surge in rule breaches
- Friday, 19 February 2021
- Articles
The Pensions Regulator (TPR) has reported a 50% surge in its use of enforcement powers during the final quarter of 2020.
Read more ...6 in 10 planners expect growth in tax and estate advice
- Friday, 19 February 2021
- Articles
Nearly six in 10 Financial Planners (58%) expect demand to increase for tax and estate planning advice over the next five years, according to a new report.
Read more ...FNZ submits detailed case against merger ban
- Thursday, 18 February 2021
- Articles
Platform engine FNZ has submitted a detailed case document against the Competition and Markets Authority’s order to sell off its recent acquisition and rival GBST.
Read more ...LCF pay-outs top £56m as claims process nears completion
- Thursday, 18 February 2021
- Articles
The Financial Services Compensation Scheme reported today that it has paid out just over £56.3m in compensation to 2,878 customers of collapsed mini-bond firm London Capital & Finance (LCF).
Read more ...Third of women under 44 in the dark about their pension
- Thursday, 18 February 2021
- Articles
Almost a third of women under 44 years (30%) and a quarter of men in the same age category (25%) fail to understand their pension, according to new research.
Read more ...Inheritance tax reclaims reach 6 year peak
- Thursday, 18 February 2021
- Articles
The number of inheritance tax reclaims reached a six-year peak in 2020 as more families reclaimed overpaid tax following a fall in the value of property or shares.
Read more ...Adviser to pay out for second time over UCIS investments
- Thursday, 18 February 2021
- Articles
Financial advice firm Professional Financial Services (PFS) has been ordered by the Financial Ombudsman (FOS) to pay out after advising a client to invest in an unregulated collective investment scheme.
Read more ...Hargreaves Lansdown co-founder sells £300m stake
- Wednesday, 17 February 2021
- Articles
Peter Hargreaves, one of the co-founders of fund platform Hargreaves Lansdown, has sold off a £300m stake in the firm he launched with business partner Stephen Lansdown in 1981.
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