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Advisers’ calls for an income option in AJ Bell’s Managed Portfolio Service has prompted the company to launch four new portfolios.
The beginning of February saw the FCA issue a discussion paper DP18/1: Effective competition in non-workplace pensions. Within the discussion paper, the FCA estimates that non-workplace pensions amount to around £400bn in AUM, double the amount invested in DC pensions schemes.
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The first Spring Statement will be delivered by the Chancellor a week from today on 13 March, replacing the traditional March Budget.
The long-awaited ban on pensions cold calling may come into effect this year as early as June after the government committed to legislation to introduce the measure.
Savers could be in line for a pension pot boost of as much as 30% this year with further rises on the way, new analysis by Aviva has shown.