Justin Cash

Justin Cash is Money Marketing’s news editor and regulation specialist. He has previously worked for magazines including Citywire and Legal Week. He can be reached on justin.cash@centaurmedia.com or 0207 970 4776.

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Pensions could return twice as much as property, research finds

Returns on investing in a pension could be twice as high as investing in buy-to-let property, according to new research. IG Group, calculates that if an investor purchased a £200,000 property, assuming 3.5% rental yield and 4.5% annual capital growth, they would return 237 per cent over 20 years after capital gains tax. However, a […]

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Govt brings forward increase in state pension age

The Government has decided to bring forward the increase in the state pension age to 68 by seven years. Adopting the recommendations of the Cridland review into state pension increases, the Government has confirmed that the state pension age will rise from 67 to 68 from 2037. Speaking in the House of Commons today, Work […]

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Advisers slam levy increases as FSCS bills hit desks

Advisers have hit out at increases in their FCA levies, particularly the portion that goes to fund the Financial Services Compensation Scheme, as regulatory bills for the year begin landing on desks. Advisers have started to receive their invoices from the FCA this week, which also splits out how much they have to pay towards […]

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Sandringham managing director steps down

Managing director of national advice firm Sandringham Steve Braidford has left the firm. Braidford was formerly sales director at Verbatim Asset Management, the in-house fund management arm of support service provider Simplybiz, before becoming a director at Simplybiz and then moving to Sandringham in 2012. A Companies House filing shows Braidford’s Sandringham directorship ended on […]

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FCA defends spending over £60k on new logo

The FCA has defended its decision to spend more than £60,000 upgrading its logo. The regulator employed advertising consultants Saatchi and Saatchi to redesign its branding last year, spending a total of £66,000. Money Marketing sister title Mortgage Strategy revealed earlier this year through a Freedom of Information request that the FCA paid Saatchi and […]

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Citigroup to choose Frankfurt as EU base

Citigroup will decide this week to base its EU operations in Frankfurt after Brexit, according to reports. After the US powerhouse, which employs 9,000 people in the UK, had warned of moving “a couple of hundred” jobs away from London when the UK leaves the EU to create a new sales and trading hub, sources […]

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DB transfer boom could increase PI bills, advisers warn

Advisers have expressed concerns that the cost of their professional indemnity insurance will rise because of the defined benefit pension transfer boom. In a survey of more than 200 advisers by Prudential, nearly 40 per cent said that were concerned about contested advice becoming a future liability, and 17 per cent expected PI bills to […]