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PI woes force 30 adviser firms to quit pension transfers
More than 30 financial advisory firms have quit the pension transfer advice market in the past three months after struggling to find professional indemnity insurance cover, the Personal Finance Society has said.
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Pension transfer values slip for fourth month
December was the fourth month in a row where pension transfer values monitored by XPS fell, although the number of people making a transfer rose.
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Ex-Pensions Minister Sir Steve Webb joins LCP
Former Pensions Minister Sir Steve Webb is to become a partner at growing pensions and investment consultancy Lane Clark & Peacock LLP.
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FSCS levy up by £87m as SIPP claims soar
Soaring SIPP claims have forced the Financial Services Compensation Scheme to increase its levy for 2020/21 by £87m to £635m.
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AJ Bell launches low-cost advised RIA on Investcentre
SIPP and platform provider AJ Bell has launched its Retirement Investment Account (RIA) today - a new low-cost pension with a ‘streamlined’ investment proposition.
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