Kevin
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
FOS expects 30,000 more complaints in 2024/25
The Financial Ombudsman Service is forecasting that the number of complaints it is set to receive this year will hit 210,000 - nearly 30,000 higher than it predicted in December.
HNWIs are failing to use extra pensions allowance
A year on since the increase in the pensions’ annual allowance, the majority of HNWIs (56%) are not utilising the extra £20,000 allowance available to them, new data from the Saltus Wealth Index Report has revealed.
James Jones-Tinsley: Happy New Pensions Year? Maybe not...
I’ve just received a very optimistic-sounding email from HMRC entitled, "A happy new tax year starts here.”
DWP publishes Pensions Dashboards timetable
The Department for Work and Pensions has published a staged timetable for occupational pension schemes and personal and stakeholder providers to be connected to the pensions dashboard.
FSCS declares three pension and SIPP firms in default
The Financial Services Compensation scheme has today declared three financial advice firms as failed, including two SIPP-related and one linked to BSPS.
New pensions dashboard coalition launched by providers
Four potential operators of pensions dashboards, Just Group, Legal & General, Moneyhub and Standard Life, have set up a new industry coalition known as the Dashboard Operators Coalition (DOC).
Advisers should review decumulation advice - platform
Financial advisers need to take a closer look at the suitability of their investment approach for clients taking an income, according to platform Wealthtime.
Lisa Webster: Perils of rushed pension legislation
The new tax year will bring in sweeping changes to the pension world. Due to the rushed nature of the upheaval surrounding the abolition of the lifetime allowance, we still have some areas of uncertainty as the deadline rapidly draws near.
FCA to review treatment of vulnerable customers
The FCA is to conduct a review into what regulated firms are doing to understand and respond to the needs of customers in vulnerable circumstances.
TPR strikers suspend industrial action
Strike action by members of the Public and Commercial Services (PCS) union at The Pensions Regulator has been suspended and staff returned to work last Wednesday.