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Kevin

Kevin

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The Financial Ombudsman Service is forecasting that the number of complaints it is set to receive this year will hit 210,000 - nearly 30,000 higher than it predicted in December.

A year on since the increase in the pensions’ annual allowance, the majority of HNWIs (56%) are not utilising the extra £20,000 allowance available to them, new data from the Saltus Wealth Index Report has revealed.

I’ve just received a very optimistic-sounding email from HMRC entitled, "A happy new tax year starts here.”

The Department for Work and Pensions has published a staged timetable for occupational pension schemes and personal and stakeholder providers to be connected to the pensions dashboard.

The Financial Services Compensation scheme has today declared three financial advice firms as failed, including two SIPP-related and one linked to BSPS.

Four potential operators of pensions dashboards, Just Group, Legal & General, Moneyhub and Standard Life, have set up a new industry coalition known as the Dashboard Operators Coalition (DOC).

Financial advisers need to take a closer look at the suitability of their investment approach for clients taking an income, according to platform Wealthtime.

The new tax year will bring in sweeping changes to the pension world. Due to the rushed nature of the upheaval surrounding the abolition of the lifetime allowance, we still have some areas of uncertainty as the deadline rapidly draws near.

The FCA is to conduct a review into what regulated firms are doing to understand and respond to the needs of customers in vulnerable circumstances.

Monday, 18 March 2024 10:41

TPR strikers suspend industrial action

Strike action by members of the Public and Commercial Services (PCS) union at The Pensions Regulator has been suspended and staff returned to work last Wednesday.

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