In preparation for a summer holiday visit to a remote house in Europe I started to research the cost of car hire. I decided I needed to add in a GPS system, only to see the cost for my rental go up faster than a FSCS levy. So I decided to buy a GPS unit […]
The number of annuity complaints received by the Financial Ombudsman Service has climbed by 29 per cent in the past year, as more consumers complain they were not made aware of the option of shopping around. The FOS’s annual review, published today, shows there were 776 complaints about annuities in the year to 31 March […]
A UK referendum on EU membership must be brought forward to 2016, according to Labour leadership candidate Andy Burnham. Shadow health secretary Burnham, who is one of four candidates running for Labour’s leadership following the resignation of Ed Miliband, described himself as staunchly pro-Europe, and pledged to embrace public desire for a vote. David Cameron’s […]
Prime minister David Cameron has confirmed Ros Altmann is to be pensions minister, days after she told Money Marketing she had turned down the role. Prior to the election Altmann said she would be minister responsible for consumer protection and education. She said she did not want to be pensions minister because she thought she […]
One of the areas that will be high on the new minister for pensions’ to-do list will be the forthcoming review of automatic enrolment (AE). The outgoing minister had regularly said that AE contribution levels would need to be revisited early in this parliamentary term, and new research by Jelf Employee Benefits reveals employer support for such proposals.
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