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HMRC to replace emergency tax codes on pension withdrawals
HMRC is to reform the system by which it currently applies emergency tax codes to pension lump sum withdrawals.
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Oxford Risk launches retirement income suitability software
Behavioural finance firm Oxford Risk has launched new retirement income suitability software to help Financial Planners and advisers meet the FCA's stricter requirements in the wake of last year’s thematic review.
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Pensions gap grows to more than £31,000
The average household is £31,546 short in their savings of the amount needed to give them a moderate standard of living in retirement, four times higher than five years ago.
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Cheshire-based pension and SIPP adviser firm in default
Cheshire-based adviser firm Holborn Assets Ltd (FRN 648817) has been declared in default by the FSCS, opening the door to ex-clients to make claims for compensation.
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FCA CEO pledges to 'revolutionise' financial advice
FCA CEO Nikhil Rathi has pledged to “revolutionise financial advice” as part of a package of reforms to break down the barriers to business growth in financial services.
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