I was pleased this week to hear that the influential Society of Pension Professionals has called on the government to boost the minimum contribution on auto-enrolment pensions from 8% to 12%.
Aviva’s Wealth business saw a 31% increase year-on-year to net flows in the first three quarters of the year, with net inflows of £10.9bn.
The average 12-person financial adviser firm loses £85,000 to problems caused by poor service from platforms, according to new research.
The Quilter platform notched up net sales of £2,567m in the third quarter, accounting for 44% of all net adviser platform sales during the period.
Seven people have been arrested in Romania on suspicion of tax repayment fraud linked to the 'phishing' theft of data from UK tax professionals.
The influential Society of Pension Professionals (SPP) has called on the government to shake up workplace pensions and is proposing a raft of new measures, including raising the auto-enrolment contribution minimum from its current level of 8% to 12%.
The FCA is considering lifting the charge cap on some workplace pension funds to provide greater investment flexibility for providers.
The Financial Services Compensation scheme has forecast its 2027/28 levy will be £360m, a 46% rise from the £247m levy this year.
Direct to consumer platform assets reached £606bn in the third quarter, passing the £600bn barrier for the first time, according to data from consultants Fundscape.
Pat Shea has retired and stepped down from the board of Criterion, the industry body responsible for integration standards across the UK protection, pensions and investment markets.