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Lifetime Isa – how it works

According to George Osborne “people like Isas – because they’re simple”. Fiona Tait is not convinced… Contributions & bonuses What he said: “From April 2017, anyone under the age of 40 will be able to open a Lifetime Isa and save up to £4,000 each year. And for every £4 you save, the Government will […]

Jamie Clark Scottish Life 2012
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Royal London calls on TPR to expand approved auto-enrol list

Royal London is calling on The Pensions Regulator to loosen the criteria for entries to its new list of group personal pension schemes for automatic enrolment. Last month TPR announced it would publish a list of GPP providers who are open to all employers “regardless of projected membership numbers or contribution levels”. Aviva, Standard Life […]

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FOS orders refund of monthly fees to Arch cru investor

The Financial Ombudsman Service has ordered Financial Services Advice and Support to refund a client more than two and a half years’ worth of monthly charges for “keeping an eye” on his Sipp investments. The customer, ‘Mr M’, complained to the FOS about advice from Financial Dimensions, an appointed representative of FSAS, to transfer his […]

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Farnish and Thoresen join Fairer Finance consumer board

Consumer group Fairer Finance has appointed Christine Farnish, who led a damning review of the Money Advice Service, and Nest chairman Otto Thoresen to its advisory board. The board holds Fairer Finance to account to ensure it focuses on work that has a clear benefit to financial services consumers. As well as advising banks and […]

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