Savers have cashed in billions from their pensions since the freedoms, but new research suggests many risk tax penalties or low rates by keeping the money in bank accounts or Isas. A study of 370 consumers who have accessed their pension since the pension freedoms started in 2015 shows that while nearly £3bn has been […]
Fund managers have just 15 weeks to activate their no-deal Brexit contingency plans, the Investment Association has warned. Speaking at the IA Annual Policy Conference today, chief executive Chris Cummings says despite there being 40 weeks until Brexit, for fund managers the deadline is a lot closer. Cummings says: “We did declare from the outset […]
The parent of Yorkshire Bank and Clydesdale Bank has agreed to buy Virgin Money for £1.7bn. The businesses say the deal will create the UK’s first “true national banking competitor to the status quo”. The new group will serve around six million customers. A notice to investors from CYBG says: “The combined group will have […]
The FCA has its eye on staff performance strategies, so make sure risks are recognised and managed
Last week was Adult Learner’s Week, a celebration of lifelong learning and continued education. But why should education stop after school?
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