Automatic enrolment increased pension saving by £2.5 billion per year by April 2015, according to a new report.
The Financial Ombudsman has ruled against an advice firm over investing in an unregulated collective investment scheme.
A pensions firm director says it is ‘bonkers’ that many pre-retirees appear to be ready to cash in on their pension after already using the 25% tax-free allowance to “save for a rainy day”.
Advisers face having to stump up fees to help pay for the imminent introduction of new EU rules.
The gap between men and women preparing adequately for retirement is widening.
An advisory firm says that a new definition of financial advice will fail to help people who cannot afford the level of service they require.
A firm describing itself as a “financial wellbeing lender” has gained FCA authorisation.
Specific risk warnings about the new Lifetime ISA must be given at the point of sale, the FCA said this morning, as it outlined how it will regulate the product.
A Chartered Financial Planner has told Financial Planning Today he has rejected several approaches to buy his business after a takeover deal by Standard Life’s 1825 fell through.
Around 420 delegates are expected to attend the Personal Finance Society’s latest Financial Planning Symposium conference today in Scotland (Weds 16 Nov).