Nine in 10 UK firms intend to seek expert advice on the 2012 pension reforms, with medium and large firms likely to speak to an IFA, according to the Personal Accounts Delivery Authority.
Goldman Sachs USA chairman Gerald Corrigan told MPs that its currency swap deals entered into with Greece could have added to the country’s debt crisis – and said it was possible that the UK was involved in similar deals with other banks.
FSA takes action in small-cap sector
Lloyds Banking Group chief executive Eric Daniels is under mounting pressure to make concessions on his bonus after Royal Bank of Scotland chief executive Stephen Hester waived his £1.6m bonus.
Brokers need to quickly win back trust and remind consumers of the quality of professional advice. Having been elsewhere in the financial sector since late 2008, it is great to be back in the mortgage market, particularly with signs of market recovery, but I fear that a new threat is facing brokers. From research data […]
Earlier this year, Jelf Employee Benefits mentioned that the then minister for pensions was openly discussing the need for an increase in the minimum level of auto-enrolment pension contributions.
- Top trends
- Top trends
- Waspi women should be given £15,000 each, Lib Dems say
- Steve Bee: Make way for the next generation of Waspi women
- DWP admits ‘misleading’ public on Scottish independence
- Woodford: Three picks for enticing equity valuations
- Waspi slams ‘devastating’ state pension age hike as IFS says reforms saved £5.1bn
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Three advisers share how they go above and beyond to take care of their clients
The solution to this widespread problem is sitting under HMRC’s nose It is with keen interest I read the comments in the press about the unfairness of HM Revenue & Customs’ approach to taxing pension freedom payments under PAYE. The problem is that it currently taxes such withdrawals on a month 1 basis, which assumes […]
The Financial Services Compensation Scheme declared 15 companies in default during November and December 2017, including a Welsh advice firm that had its permissions cancelled in 2016. Park Grove Financial Management’s permissions were cancelled in June 2016 after it failed to pay more than £5,000 in fees and levies to the regulator. Another Welsh firm declared […]