The planned introduction of Pensions Dashboards in 2026 could mean losses from poor pension transfers costing savers over £2bn if they unwittingly move to higher charging plans, a provider has warned.
Read more ...Tenet Connect appointed rep firm declared in default
- Wednesday, 13 November 2024
- Articles

A Shropshire-based pension adviser - an appointed rep of failed firm Tenet Connect Limited - has itself been declared as failed by the Financial Services Compensation Scheme, opening the door to compensation claims.
Read more ...WBR acquires Bristol-based SSAS administrator.
- Wednesday, 13 November 2024
- Articles

Leicester-based WBR Group, a provider of SSASs and tax advice, has acquired SSAS administrator NM Perris & Co Ltd.
Read more ...Assets rise 35% for Tatton as IFA numbers increase
- Wednesday, 13 November 2024
- Articles

Assets under management rose 35% year-on-year to £19.95bn for investment manager and IFA support firm Tatton Asset Management for the six-month period ended 30 September.
Read more ...Aggregate DB surplus rises to £485bn, says PPF
- Tuesday, 12 November 2024
- Articles

The aggregate surplus of DB pension schemes increased to £485.1bn at the end of October, according to the latest Pension Protection Fund (PPF) 7800 Index.
Read more ...44% of adults have not written a will
- Tuesday, 12 November 2024
- Articles

More than two fifths (44%) of people in the UK have not written a will, nor are they currently in the process of doing so, according to new research.
Read more ...Fulcrum launches diversified private markets LTAF
- Tuesday, 12 November 2024
- Articles

Fulcrum Asset Management has received regulatory approval to launch its first commingled Long Term Asset Fund, which it expects to do so on 29 November.
Read more ...Metro Bank fined £16m for money laundering failings
- Tuesday, 12 November 2024
- Articles

Challenger bank Metro Bank has been fined £16m by the Financial Conduct Authority for money laundering failings from 2016 to 2020.
Read more ...PFS members reject 2 key motions at AGM
- Tuesday, 12 November 2024
- Articles

PFS members have sensationally rejected two key motions at the AGM in Manchester in a serious blow for the board.
Read more ...PFS to launch member consultation after AGM protest vote
- Tuesday, 12 November 2024
- Articles

The PFS is to launch a major consultation exercise with members after they unexpectedly rejected two key motions at the AGM in Manchester yesterday.
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