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Focusing on money - Magnifying glass over British pound notes.
1

Aegon starts payouts to customers over Cofunds issues

Aegon has this week written to customers who are eligible for compensation following issues with the Cofunds replatforming and expects the first payments to be made from tomorrow. Aegon met with its advisory board last week and called the meeting “constructive but challenging”. The board is made up of advice firms brought in to contribute […]

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Annual allowance tax take take triples in year after taper

The amount savers have contributed above the annual allowance on pensions has more than tripled in the last year. Figures released this morning by HM Revenue and Customs show that for the 2015/16 tax year, total annual allowance breaches came in at £179m. This has now jumped to £561m in 2016/17, the year the tapered […]

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6

FCA adds find-an-adviser function to register

The FCA has added a function to its register where consumers can search for the closest financial adviser to them. The new function allows people to search for an adviser by entering a postcode. Unauthorised firms are flagged in red with an accompanying note saying: “We strongly suggest you avoid dealing with this firm”. Details […]

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