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FCA warns SIPP operators over Consumer Duty
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The FCA has warned SIPP operators over lack of progress over concerns that their actions could lead to “harm to individual consumers.”
Talk Money Week: consumers encouraged to check pension
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Today marks the beginning of the Money and Pensions Service’s Talk Money Week with the theme this year being ‘Do One Thing’ – encouraging everyone to take a single, impactful step towards better financial health.
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Budget: Inherited pensions to be hit with IHT from 2027
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From April 2027 inherited pension pots will be subject to inheritance tax (IHT), Chancellor Rachel Reeves announced today in her Budget.
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Annuity rates up 2.5% since January
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Average annuity rates for a healthy 65-year-old have increased by around 2.5% since January, according to the latest Standard Life Annuity Rate Tracker.
FCA bans adviser duo for pension transfer failings
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The Financial Conduct Authority has banned Steven Hodgson and Paul Adams of Stockton-on-Tees-based Vintage Investment Services from advising customers on pension transfers and opt-outs.
Read more: FCA bans adviser duo for pension transfer failings