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@SIPP axes Solo SIPP set-up fee for 5 months
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The Glasgow-based pensions provider @SIPP has removed the set-up fee on its Solo SIPP for five months.
Half of retirees exiting work without clear financial plan
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Half (49%) of current retirees entered retirement without any clear financial plan, according to a new report.
Teachers' Pension Scheme rise will hit private schools
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The Department for Education has today confirmed an increase of 5 percentage points to the employer contribution rate of the Teachers' Pension Scheme (TPS) with schools' contributions set to rise from 23.6% to 28.6%.
FSCS pays out £9.7m on failed pension transfer adviser
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The Financial Services Compensation Scheme has so far paid out just over £9.7m on 234 successful claims against failed firm Portal Financial Services LLP, formerly Portafina LLP (FRN 501272).
Workplace pension savers are more likely to be disengaged
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Savers with workplace pension schemes are significantly less likely to understand or engage with their pensions compared to their counterparts with personal pensions, according to new research.