Articles
The Pensions Regulator (TPR) has reported a 50% surge in its use of enforcement powers during the final quarter of 2020.
6 in 10 planners expect growth in tax and estate advice
Written by Kat MitchellNearly six in 10 Financial Planners (58%) expect demand to increase for tax and estate planning advice over the next five years, according to a new report.
FNZ submits detailed case against merger ban
Written by Kat MitchellPlatform engine FNZ has submitted a detailed case document against the Competition and Markets Authority’s order to sell off its recent acquisition and rival GBST.
LCF pay-outs top £56m as claims process nears completion
Written by Kat MitchellThe Financial Services Compensation Scheme reported today that it has paid out just over £56.3m in compensation to 2,878 customers of collapsed mini-bond firm London Capital & Finance (LCF).
Third of women under 44 in the dark about their pension
Written by Kat MitchellAlmost a third of women under 44 years (30%) and a quarter of men in the same age category (25%) fail to understand their pension, according to new research.
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The number of inheritance tax reclaims reached a six-year peak in 2020 as more families reclaimed overpaid tax following a fall in the value of property or shares.
Adviser to pay out for second time over UCIS investments
Written by Kat MitchellFinancial advice firm Professional Financial Services (PFS) has been ordered by the Financial Ombudsman (FOS) to pay out after advising a client to invest in an unregulated collective investment scheme.
Peter Hargreaves, one of the co-founders of fund platform Hargreaves Lansdown, has sold off a £300m stake in the firm he launched with business partner Stephen Lansdown in 1981.
Fund manager Jupiter has renamed most of the Merian funds it has acquired to bring them in line with Jupiter’s fund range.