Think-tank calls for pension freedoms ‘early warning system’

The Government should create an “early warning system” to prevent savers running out of cash in retirement, according to think-tank the Social Market Foundation. In a report published today, the think-tank says the Government should closely monitor pension balances, consumer behaviour and the take-up of guidance and advice. It says policymakers could then intervene for […]


FCA forces payday lender to pay £1.7m redress

The firm behind payday loan brands Quick Quid and Pounds to Pocket has reached a deal with the FCA to repay £1.7m to almost 4,000 customers. CashEuroNet reached the deal after the FCA ordered a skilled persons review of its lending decisions in September 2014. The review found that customers were able to borrow amounts […]

Fidelity urges Govt to delay annual allowance taper

Chancellor George Osborne should use the Autumn Statement to postpone the introduction of the tapered annual allowance, Fidelity says. Under the Government’s current plan people with “adjusted income” over £150,000 will see their annual allowance reduced from £40,000 down to £10,000 for those earning over £210,000. But experts have warned the complexity of the rules […]


CML and Which? launch ‘tariff of charges’ to end fee confusion

Mortgage lenders have pledged to abolish confusing terminology for different types of fee and instead introduce a standard “tariff of charges” to make it easier for borrowers to compare deals. Brokers have welcomed the move, which follows a Which? campaign to end the confusion around mortgage costs. Chancellor George Osborne asked the Council of Mortgage […]


Where can investors find income in a changing world?

Why taking a global approach not only diversifies risk but also allows investors to access a far wider choice of yields. The diversification benefits of investing globally are well known. But as this short animation explains, taking a global approach can also help investors seeking income. By combining exposure to both bonds and equities spread across a […]


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