European equities: sell, sell, sell… or buy?

The companies held in the Artemis European Opportunities Fund are resilient and still growing. Mark Page finds little to worry stockpickers who focus on the fundamentals.

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Scottish Widows to scrap all workplace pension exit fees

Scottish Widows is removing exit fees across all of its workplace pensions ahead of Government moves to cap penalties when customers leave policies early. In January George Osborne handed the FCA a duty to cap “excessive” exit fees. The level of the cap has not yet been set but Scottish Widows says it will scrap […]

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Rachel Reeves: Chancellor must choose flat-rate tax relief

Former shadow work and pensions secretary Rachel Reeves has lent her support to a flat-rate of 33 per cent tax relief on pension contributions. Reeves, who now sits on the Treasury Select Committee, describes the current rules as “unjust and ill-judged” for giving higher earners more relief than those on lower incomes. “The Chancellor should […]

Profile: SNP’s voice on pensions says Pension Wise is too constrained

Nearly nine months after entering Parliament as a newly elected Highlands MP, Ian Blackford admits he is still getting used to Westminster. The pensions spokesman for the Scottish National Party says the traditions and frippery of his new workplace are “daft” and outdated compared with the more modern devolved assemblies. He says: “Even when you […]

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FCA faces uphill battle to monitor misselling impact

The FCA faces a “notoriously difficult” challenge in seeking to justify its approach to tackling misselling, experts say. Last week the National Audit Office reported the FCA had no way of measuring its success in curbing misselling in financial services. In a report on regulation and redress, it said while increased fines and compensation have […]

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