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Adviser to football star Shearer banned for taking insolvent company’s assets

IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]

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Small pots most likely to cash out, research finds

The size of an individual’s pension pot is a key factor in determining how they exercise their pension freedoms at retirement, according to research from the Pensions Policy Institute. In a paper published yesterday the PPI looks at how the introduction of freedom and choice in pensions has opened up new ways for individuals to […]

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Steve Bee: Employers tied in knots by red tape on pensions

Many of my friends are ex-teachers, having retired from the profession. We were recently talking about how valuable the teachers’ pension scheme has been to them in building a decent amount to retire on and bemoaning the fact the next generations are unlikely to have such benefits provided through the generosity of their employers. Our […]

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