A new award has been launched for Financial Planners and Paraplanners who have been challenged to build a high quality plan based on a case study to claim victory.
Fines totalling £66,400 were handed out by The Pensions Regulator in the last three months of 2014 for failing to meet workplace pension requirements, it revealed today.
A second line of defence to strengthen consumers' positions when making use of the new pension rules will come too late for many retirees, a retirement advice firm has warned.
Plans to introduce additional protection to pension holders ahead of the reforms kicking in in April have been outlined today by the FCA in a letter to chief executives of providers.
The Institute of Financial Planning has teamed up with Defaqto to offer Financial Planners and Paraplanners greater support by providing new practical resources.
Much was made about pensioners going on a Lamborghini buying spree once the pension freedoms take effect but a new survey shows only 7% intend to take out their entire fund to use as they please.
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