FSCS boss: Scrap limit on advice misselling payouts

The £50,000 compensation limit for negligent advice should be scrapped, according to Financial Services Compensation Scheme chief executive Mark Neale. In a blog this morning, Neale said that while instances of bad advice were “few and far between”, protection needed to be in line with retirement savings held in insurance products to give consumers more confidence […]

IHT and the pension transfer window

Generally speaking, trustees and scheme administrators have discretion over the distribution of death benefits from a pension scheme. This is important as it means the benefits can usually be paid free of any inheritance tax. However, the reform to the taxation of death benefits and the record £4.6bn IHT revenue HM Revenue & Customs took […]


UK inflation jumps to two-year high

UK inflation exceeded forecasts as it jumped 1 per cent in September from 0.6 per cent in August, reaching its highest level in two years. According the latest figures from the Office for National Statistics published today, input prices rose an annual 7.2 per cent in September after a 7.8 per cent jump the previous month. […]


Labour fills vacant shadow pensions minister post

Labour has appointed Stockton North MP Alex Cunningham as its new shadow pensions minister. Cunningham was shadow minister for environment, food and rural affairs from September 2015 to June 2016, and has been an MP since 2010. Cunningham resigned his ministerial post in June over the party leadership’s failure to present the “strongest case possible” […]

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Tech giants: how big is too big?

How big is too big? Facebook, Amazon and Google continue to present very attractive investment opportunities, despite recent regulatory concern about their size argues Neptune’s Ali Unwin. Read more here Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide for future performance. The value […]


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