We all moan about the FCA, the Financial Ombudsman Service and the Financial Services Compensation Scheme. But in reality the problems of regulation, high costs and all, are symptoms. The root causes are economics, the law of the land and politics. I have always been grateful for the fact that, as a teenager, I could […]
Advisers are set to lose £1.16m a year as the Government turns off commission on occupational schemes used for auto-enrolment. In the Department for Work and Pensions’ response to its consultation on banning member-borne commission, it confirmed the ban would come into force for new arrangements from April 2016. It will consult later in 2016 […]
Canada Life Investments will launch a property fund in the coming year. The fund launch, subject to regulatory approval, will see the asset management arm of Canada Life use existing managers from its general account business to run the retail fund. Frank Maret, head of distribution at Canada Life Investments, believes there will continued demand […]
Pensions minister Ros Altmann has hit out at MPs who have taken her to task over the new state pension. The Department for Work and Pensions has been under fire for the way it has communicated the changes. Thousands of people are expecting to receive £155.65 a week from April 2016 but will not, mainly […]
George Osborne will make his last Budget speech of the current parliamentary term this week, and the early media briefings suggest that pensions will again feature heavily in that statement. So what are we able to learn from the weekend’s coverage?
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