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DB pension and SIPP firm goes into administration
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London-based IFA firm Donre Advisory Limited (FRN 513993), which previously traded as Basi & Basi Financial Planning Limited and has a SIPP subsidiary, has gone into liquidation two months after the FCA imposed restriction on its business activities.
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Nearly 3 million ex-retirees return to work
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Some 2.8 million over 50s in the UK have returned to work after being previously retired, according to new research from Legal & General.
Cost of retirement climbs to £36,480 a year - report
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The cost of a moderate retirement income is £25,000 per year for a single person and £36,480 for a couple, according to data from Hargreaves Lansdown’s savings and resilience barometer, published today.
Read more: Cost of retirement climbs to £36,480 a year - report
Government urged to announce Pensions Bill
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The Government has been urged to announce a Pensions Bill during the King’s speech at the state opening of Parliament tomorrow.
62% of SIPP complaints to FOS upheld
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The Financial Ombudsman Service received 1,460 new complaints about SIPP products over the past year, according to its annual report on complaints.