Tom Selby joined Money Marketing in October 2010 as pensions reporter and is now deputy head of news. After completing an economics degree at the University of Newcastle, Tom joined institutional pensions magazine Professional Pensions in September 2009 as a senior correspondent. Tom won the Headlinemoney trade pensions journalist of the year award for 2011 and 2012 and was Association of British Insurers life and protection journalist of the year for 2011.
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Wonga will write off 330,000 customers’ loan balances after the FCA found evidence the payday lender was failing to adequately assess customers’ ability to meet repayments.
Pensions minister Steve Webb has backed calls for a “pension passport” to be introduced to improve the information savers receive from providers.
Beneficiaries of people who died before the announcement on 29 September will be able to ask their scheme administrator to delay the payments.
- Govt extends pension ‘death tax’ reforms to value protected annuities
- FCA U-turns on independent advice and referrals stance
- Broadstone sells wealth management arm to Thomas Miller Investment
- PFS appoints paraplanner Cathi Harrison as board director
- Cass Business School: Markets threatened by pension fund 'herding'
- Is Labour preparing to overturn George Osborne's pensions revolution?
- Hornbuckle signs ten-year 'strategic alliance' with FNZ