Displaying items by tag: Tom Selby
Thursday, 26 September 2019 14:56
PFS brands FCA retirement figures ‘alarming’
The Personal Finance Society (PFS) has branded the findings of an FCA survey, released yesterday, which showed nearly 50% of pension savers accessed their pension pots in the past 12 months without taking any regulated advice or guidance, “alarming”.
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Friday, 02 August 2019 10:27
Pension withdrawals pass £2.7bn in Q2 2019
Savers withdrew £2.75billion flexibly using the pension freedoms in Q2 2019, up 21% compared to a year earlier, new figures have revealed.
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Tuesday, 23 July 2019 11:28
FCA targets firms’ culture with vulnerable customers probe
The FCA has launched a consultation on proposed guidance for firms on the fair treatment of vulnerable customers.
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Monday, 15 April 2019 11:18
Fears over Halloween Brexit ‘nightmare’ for pensions
Fears of a Halloween Brexit horror story for pensions have been raised by AJ Bell.
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Tuesday, 19 February 2019 12:08
Ruling could land HMRC with lifetime allowance claims
A recently-published court ruling could open HMRC up to new claims from investors who accidentally lose lifetime allowance ‘protection’ by forgetting to stop paying contributions to their schemes.
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Thursday, 03 January 2019 12:41
New survey reveals pension worries
A survey of 700 DIY investors has revealed a raft of concerns from pension tax relief to ISAs.
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Tuesday, 31 July 2018 16:00
Record £2.3bn withdrawn under Pension Freedoms
A record £2.3bn was taken out of pensions pots under Pension Freedoms rules in the second quarter of 2018, HMRC figures have revealed.
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Friday, 27 October 2017 09:36
Pension Freedom users fear running out of money
Nearly half of Pension Freedom users say they fear running out of cash in retirement, according to new consumer research from SIPP and platform provider AJ Bell.
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Friday, 29 September 2017 13:27
AJ Bell urges govt to avoid cutting pension tax relief
Sipp and platform provider AJ Bell has urged Chancellor Philip Hammond to avoid slashing pension tax relief in the Budget after speculation that the Treasury will need to cut pensions relief to make up for shortfalls in revenue and to curtail the rising cost of pre and post-retirement tax benefits.
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Friday, 09 September 2016 15:42
SIPP and SSAS rules need overhaul to beat scams
AJ Bell has called for a reintroduction of the permitted investment list for Sipps as pension transfer values soar and fears grow about a rise in pension scamming.
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