Some 16% of defined contribution pension schemes with under £100m in assets scrutinised by The Pensions Regulator (TPR) has opted to wind up after a pilot into the effectiveness of its new rules on value for members.
Read more ...1 in 5 access pensions without understanding rules
- Thursday, 14 March 2024
- Articles
Almost one in five (16%) Britons accessed pension savings without understanding the rules before doing so, according to a new report.
Read more ...Northerners more financially savvy – report
- Thursday, 14 March 2024
- Articles
Northerners are more financially savvy than their Southern counterparts, according to a new study from Octopus Money.
Read more ...Advisers urge Government to cut pension tax burden
- Thursday, 14 March 2024
- Articles
Financial advisers have called on the Government to prioritise pension reforms that would lessen the tax burden on clients.
Read more ...Titan Wealth completes acquisition of North East IFA
- Thursday, 14 March 2024
- Articles
Wealth manager and Financial Planner Titan Wealth has completed its acquisition of North Eastern IFA Prism Financial Advice, adding £630m in assets under management.
Read more ...FCA dials down Consumer Duty enforcement rhetoric
- Thursday, 14 March 2024
- Articles
FCA CEO Nikhil Rathi has said that the FCA will take a ‘pragmatic’ approach to enforcing its new Consumer Duty.
Read more ...Diversity initiatives are boosting Planner firms says CII
- Wednesday, 13 March 2024
- Articles
Equality, diversity and inclusion (EDI) initiatives have improved innovation and employee engagement at Chartered Financial Planning firms, according to a survey by the CII.
Read more ...Boundary Review considering digitalisation – Rathi
- Wednesday, 13 March 2024
- Articles
The Advice Guidance Boundary Review is considering the role of digital and automated channels in order for consumers to access pensions planning support, according to FCA CEO Nikhil Rathi.
Read more ...Planners failing 1 in 3 female clients says report
- Wednesday, 13 March 2024
- Articles
Financial Planners are struggling to meet the needs of one in three female clients, according to research by Schroders.
Read more ...UK economy grows by 0.2%
- Wednesday, 13 March 2024
- Articles
The UK economy grew by 0.2% in January according to the latest figures from the Office for National Statistics released today.
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