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Seventeen banks and building societies have agreed to repay over an estimated £149 million in interest and charges to around 497,000 customers, following OFT action.
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Pension experts have expressed fears that reforms announced in the Budget will lead retirees to 'burn through' their money too fast.
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Financial Planner's Budget 2014 Panel: Michael Smith, co-owner and director of IFP Accredited Financial Planning FirmTM, Chamberlyns.
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Financial Planner's Budget 2014 Panel: James Thompson, director, Taylor Patterson
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The full text of Chancellor George Osborne's 2014 Budget speech to the Commons today.
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Investment providers have welcomed the Chancellor's decision to merge cash and investment Isas and raise the Isa allowance to £15,000 a year.
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Financial Planner's Budget 2014 Panel: Mike Morrison, AJ Bell's head of platform marketing.
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Financial Planner's Budget 2014 Panel: Andrew Roberts, partner at SIPP and SSAS provider Barnett Waddingham.
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Financial Planner's Budget 2014 Panel: Alison Steed, consultant at Financial Services Media UK.
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Financial Planner's Budget 2014 Panel: Ian Shipway, ex-IFP President and current Chair of The Investment Committee, Succession Advisory Services.
Subcategories
IFP Member News Article Count: 376
Features Article Count: 51
Insight & Analysis Article Count: 155
Comment Article Count: 436
Sponsored Content Article Count: 2
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