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Only 39% of high earners set for ‘comfortable’ retirement
Only 39% (two out of five) of high earners are on track for a ‘comfortable’ retirement, according to new data.
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FSCS declares Birmingham BSPS-linked firm in default
The Financial Services Compensation Scheme has declared BSPS-linked firm Green Gem Financial Ltd (FRN: 400488) in default over pension transfer advice, opening the door to compensation for ex-clients with valid claims.
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Hargreaves Lansdown accepts £5.4bn consortium bid
After several delays, platform and major SIPP provider Hargreaves Lansdown (HL) has today accepted a £5.4bn private-equity backed consortium offer for the company.
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Aggregate DB surplus hits £476bn, says PPF
The aggregate surplus of DB pension schemes increased to £475.5bn at the end of July, according to the latest Pension Protection Fund (PPF) 7800 Index.
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Pensions 'Value' shake-up could be extended to SIPPs
Government and pensions regulators could force 'poor value' workplace pension schemes to close in a major shake up which could eventually be extended to SIPPs, according to one provider.
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