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UK savers have least knowledge of pension charges, study finds

UK savers know less about what charges they are paying on their pensions compared to their compatriots in the USA, India and New Zealand, new research has found. According to a study by the Centre for Business in Society at Coventry University, only 52 per cent of UK consumers understand the costs associated with their […]

Advisers back FCA chief’s PI comments

Advisers have welcomed comments made by FCA chief executive Andrew Bailey that the professional indemnity insurance market is not working. Speaking at the Association of British Insurers’ annual conference this week, Bailey said while advice firm failures were smaller than those of banks, PI insurers were frequently writing contracts that excluded the losses, leaving the […]

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Tom Baigrie: Protection success is good for us all

Last month I noted that my business is finding consumers are engaging more with our efforts to explain income protection than they were. We have an idea as to what is causing that happy change. To follow our logic, you must first realise that, at any one time, the number of consumers with any interest […]

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Treasury denies threat to pension tax relief

The Treasury says it has “no plans” to scrap pension tax relief for higher earners despite hints about reform buried in the Autumn Statement. The Financial Times reports in a consultation issued alongside the Autumn Statement it was stated that tax and national insurance contributions relief on pensions was one of the “most expensive” Government […]

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Reality check!

Tracey Miller, Marketing Consultant I’ve just recently returned to work following 11 months of maternity leave with my second child. This ‘free time’ (cough!), meant that I could catch snippets of day time TV in between feeds and nursery runs. One particular morning, English actress Holly Matthews was giving an interview on ‘Lorraine’ about the recent […]

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