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PensionWiser

FCA investigates copycat Pension Wise website

A fake Pension Wise website that purports to be a subsidiary of auto-enrolment provider The People’s Pension is being looked into by the Treasury and FCA. Pensionwiser.com – which uses the Tripadviser owl logo – claims to be a Qrops and Sipp provider but also contains detailed information about the Government’s guidance service Pension Wise […]

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House of Commons to vote on FCA failings

MPs are set to debate the failings of the FCA, including its handling of the Connaught fund and missold interest rate hedging products, in a three-hour House of Commons session on 1 February 2016. Conservative MP for Aberconwy Guto Bebb will table the motion “this House believes that the Financial Conduct Authority in its current […]

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SNP calls for independent pensions commission to monitor freedoms

The Scottish National Party has called for a new independent commission to investigate actions taken by savers since the launch of the pension freedoms. Responding to data from the FCA which shows two-thirds of savers accessing their savings fully cashed out their pension, the SNP says a commission should act to investigate whether the freedoms […]

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L&G staff vote for industrial action over Kingswood closure

Legal & General staff have voted for industrial action over the closure of the insurer’s flagship Kingwood office but have stopped short of supporting a strike. In a final ballot of members of the Unite union, 67 per cent of members voted in favour of industrial action short of a strike, which can include working […]

Time to stop the salami slicing on tax relief

Steve Webb  – Director of Policy and External Communications As the Autumn Statement approaches, Steve Webb calls for the Government to stop tinkering with tax relief. Twice a year, in the run-up to the Spring Budget and the Autumn Statement, we face a torrent of speculation as to what changes the Chancellor might make to […]

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