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The Chartered Institute for Securities & Investment (CISI) and the Institute of Financial Planning have signed and exchanged contracts confirming that the merger of the two institutes will go ahead as planned.
The pension reforms and the rise in life expectancy are fuelling demand for financial advice during retirement, according to research among financial advisers.
Now nominations are nothing new, members have been able to nominate dependants to receive pension death benefits and beneficiaries to receive a lump sum.
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Auto-enrolment is celebrating its three year anniversary tomorrow (1 Oct) with 5m workers now enrolled and opt-out rates below expectations.
In its response to the government’s tax relief proposals, the Association of Member-Directed Pension Schemes (AMPS) has voiced a number concerns.