The Financial Services Skills Council is restructuring to bec-ome a charity and will rebrand as the Financial Skills Partnership in January.Chief executive Liz Field says the rebrand reflects the council’s new focus and the range of employers it represents. She says: “The change of name reflects the change in culture in the organisation.We are the […]
Chancellor George Osborne has pledged that he will not “let banks off” their responsibilities. He said legislation to introduce a permanent tax levy on banks is to be published tomorrow. Osborne told Parliament the banking industry has been “so poorly regulated” in recent years and he understands the public’s anger at the institutions. The […]
Backbench MPs have continued to express deep concerns over the impact of the RDR in a debate in Parliament this morning. The Westminster Hall debate, secured by Conservative MP Harriett Baldwin, had 13 MPs speak to support of constituent concerns about the RDR. Baldwin said the RDR is likely to reduce access to finance in […]
Since last year’s reforms to pension legislation, a significant number of retirees have chosen income drawdown over purchasing an annuity. This has presented risks to both individuals and their advisers. In this article the risks are explained – and, importantly, strategies are presented that could help mitigate them. Read this article
There are plenty of office parties and Christmas events going on at this time of year. But have no fear – you can still stay healthy while going out and enjoying yourself, with a little bit of planning!
Along with all the other firms that provide advice on defined benefit transfers, we received our questionnaire from the FCA about the quantity and nature of cases we have handled since 2015. By the time you read this, the deadline for its return will have passed and those under scrutiny will have breathed a collective […]