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Pension professionals react to Spring Statement

Phillip Hammond has delivered his first Spring Statement today.

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AJ Bell to float: 172,000 clients get ‘exclusive’ access

AJ Bell says its 172,000 customers will be offered ‘exclusive’ access to an Initial Public Offering of shares in the business.
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Sipp provider launches new portfolios

Advisers’ calls for an income option in AJ Bell’s Managed Portfolio Service has prompted the company to launch four new portfolios.
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FOS orders firm to pay up over ‘unsuitable’ Sipp advice

The Ombudsman has ruled that an adviser must compensate a client who lost nearly £30k through an unsecured Sipp loan.
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Long-awaited pensions cold calling ban coming in Summer

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.
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  1. First Spring Statement replaces traditional Budget
  2. Auto-enrolment rise to boost pension pots 30% this year
  3. Annuity 'shop around' rules come into effect
  4. Barnett Waddingham appoints first managing partner

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