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BSPS adviser BlueSky Wealth Management fails
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Birmingham-based BlueSky Wealth Management Ltd (FRN: 446963) has failed, opening the door to claims against the firm through the Financial Services Compensation Scheme (FSCS).
The Pensions Regulator warns on cyber attacks
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The Pensions Regulator has called on trustees to help battle cyber-crooks by reporting significant cyber-related incidents as part of updated guidance to tackle the ongoing threat posed by cyber criminals.
Annuity rates climb 54% in 2 years
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In the last two years annuity rates have risen by more than half, according to Canada Life, giving a 65-year-old with a £100,000 annuity an extra £2,500 a year.
Firms must halt ‘double dipping’ on cash savings
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The FCA is cracking down on the practice of so-called ‘double-dipping’ by investment platforms and SIPP operators whereby they keep interest on customers’ cash balances and charge them a fee for doing so.
A quarter of 18-24 year olds hasn't heard of auto-enrolment
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A quarter of young people aged 18-24 years has not heard of auto-enrolment, despite new proposals being published that will extend the scheme to 18-year-olds.
Read more: A quarter of 18-24 year olds hasn't heard of auto-enrolment