Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.
Apfa has written to the major political parties to urge a rethink of what it terms an “unjustifiable” 10 per cent increase in advisers’ FCA fees. In a paper on proposed fees published in March, the FCA said A13 advisers will pay £74.9m in 2015/16, up by 10 per cent from £68m in 2014/15. The […]
The highest earners in the country would lose out more on pensions tax relief under the Conservatives than the Liberal Democrats. Each of the major parties has indicated cutting the tax relief on higher earners following the general election. Scenarios modelled by Fidelity Worldwide Investment show someone earning £250,000 a year and making gross pension […]
Annuity rates at lowest level for at least two years.
Ali Unwin, Fund Manager & Chief Technology Officer Watch Ali Unwin discuss the ongoing success of Apple, why the extraordinary growth of the FAANGs mean their valuations are justified & what he expects to be the key tech themes in 2018. In the video Ali covers: The Chinese technology market How a digital market differs from […]
- Top trends
- Top trends
- Paul Lewis: The NI sting depriving 1950s women of their state pensions
- Savers lose nearly half of pension through transferring out
- Malcolm McLean: Why this could be the year of the pension tax relief raid
- Nutmeg loss deepens as regulatory burden bites
- Treasury tipped to cut pension tax relief to fund NHS spending
News and expert analysis straight to your inboxSign up