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Old Mutual marketing head Mike Barrett exits for The Lang Cat

Old Mutual Wealth platform marketing manager Mike Barrett is leaving the provider to join The Lang Cat. Barrett will join the platforms, pensions and investment consultancy in June after 18 years at Old Mutual. He will be based in the south of England and will cover London and the home counties, with a particular focus […]

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Pension Wise access details confirmed

The phone number for Government-backed guidance service Pension Wise has been confirmed just two weeks before the pension freedoms come into force on 6 April. People eligible for the service can call 030 0330 1001 to book an appointment either face-to-face through Citizens Advice or over the phone with The Pensions Advisory Service. Guidance providers […]

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MAS ‘money advice’ budget cut by 21%

The Money Advice Service’s budget for “money advice” services has been cut by 21 per cent, the FCA has confirmed. In a paper on proposed fees and levies for 2015/16, the FCA says the MAS will raise £34.1m for delivering money advice and £47m for delivering debt advice services. In 2014/15, the MAS had a […]

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Osborne plays down pension freedoms misselling fears

Chancellor George Osborne has dismissed fears of misselling following the implementation of new pension freedoms in two weeks’ time. From 6 April defined contribution scheme members aged 55 or over will be able to withdraw their entire pension pot as cash, although withdrawals will be taxed as income. The Treasury has also published a consultation […]

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