Senior woman asks a question during a retirement planning seminar.
National financial planner Lighthouse has renewed its deal to provide advice to members of not-for-profit foster carers support association FosterTalk. The 20,000-member organisation has extended its deal for Lighthouse to provide retirement planning, mortgage and investment advice to its members for another three years until May 2021. So-called “affinity partnerships” are becoming key to Lighthouse’s […]
The Pensions Regulator wants advisers to suggest ways to charge for defined benefit transfer advice on pots that are just over the £30,000 advice threshold. Speaking at the Investment Association Annual Policy conference, TPR chief executive Lesley Titcomb discussed the need for more cost-effective financial advice, particularly when it comes to DB transfers. Henry Tapper: […]
Bank branches across the UK are closing at a rate of around 60 a month, new research from consumer group Which? has found. By the time we reach the end of 2018, 2,868 branches will have closed in the last three years. RBS has led the way in closures, but the rate of branches shutting […]
Two weeks after ex-FCA boss Hector Sants was revealed as the chairman of the government’s single financial guidance body, Money Marketing has learned the new service will not be operational until winter. The timing for the launch of the new guidance body has been uncertain ever since the idea was first conceived. A preliminary consultation […]
Jim Grant, Senior Product Insight & Technical Support Analyst Jim Grant explains the pensions impact of the new Scottish rate of income tax. The bands and rates of Scottish income tax for the 6 April 2018 to 5 April 2019 tax year have now been confirmed. These now differ significantly from the rest of the […]
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