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Pension freedoms withdrawals pass £30bn

New figures published today by HMRC show that a total of £30bn has been withdrawn ‘flexibly’ from pensions, taking advantage of the new ‘pension freedoms’ introduced in 2015. 
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Regulator intervenes to improve running of pension fund

The Pensions Regulator (TPR) intervened in the running of the London Borough of Barnet Superannuation Fund and says the scheme is now running more “effectively”.
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TPR prosecutes children’s nursery over pension failings

A nursery and its main director are to be prosecuted by The Pensions Regulator (TPR) for trying to avoid providing their staff with a workplace pension.
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PIMFA urges FCA to avoid ban on contingent charging

Trade association PIMFA, which represents 1,000 investment managers and financial advisers, has called on the FCA to “raise the bar” instead of banning contingent charging.
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40m UK adults are ‘rolling the dice’ on retirement

40 million UK adults are “rolling the dice” when it comes to their retirement, admitting that they either have not or did not set savings targets for their retirement.
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  1. New chair of Treasury Select Committee revealed
  2. FCA warns over asset manager clone
  3. Experts back Boris Johnson’s Brexit deal
  4. FCA seeks compensation for Park First investors

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