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Annuity rates could rise by 14% if the Bank of England continues to raise the base rate.
The Financial Services Compensation Scheme has declared 12 firms in default, including several Financial Planners and wealth managers.
The Personal Finance Society (PFS) is gathering evidence of the value of financial advice to challenge the Financial Conduct Authority’s (FCA) view of the sector.
Quilter warns of NHS staff exodus over pension penalty
Written by Kat MitchellMore than 7,000 NHS staff may retire next month to avoid a pension penalty, according to wealth manager and Financial Planner Quilter.
Wealth manager and SIPP provider Mattioli Woods has reported a 95.9% rise in adjusted pre-tax profit to £14.1m for the six months ended 30 November
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The former owner of Norton Motorcycles has admitted illegally investing money into the firm from three pension schemes where he was the sole trustee.
Four out of five Financial Planners says they are confident about discussing mental health and money with their clients, a survey has revealed.
The search is on for the next chair of the FCA after the regulator confirmed that current chair Charles Randell will hand over to interim chair Richard Lloyd from 1 June.
Investors added £43.4bn to retail funds in 2021, the second best year on record, despite the pandemic.