The Chancellor could introduce a limit to the tax-free lump sums taken from pensions, cut the pension annual allowance, and tax pensions when left to descendants to raise cash in the Autumn Budget.

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Thursday, 27 August 2020
Articles

Progeny has shared plans for its Adviser Academy to allow its future financial advisers to build their knowledge in law and tax, as well as financial advice.

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FNZ has challenged the decision by the Competition and Markets Authority to block its proposed merger with rival GBST, saying that the watchdog has an artificially narrow view of the platform market.

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Over two thirds (68%) of Financial Planners are using platforms daily in comparison to three in five (60%) in 2019, according to new research.

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A third (32%) of UK adults with a pension do not know how it works or where it is being held, according to new research.

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Concerns about saving for retirement have reduced by 20% overall when compared to last year, according to a new report.

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Some 10% of Financial Planners said they did not feel safe from Covid-19 while working in the current climate in a recent survey.

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Rejected insurance claims and complaints about the speed of providers' admin have formed the majority of the 3,500 Coronavirus pandemic-related complaints received by the Financial Ombudsman Service.

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 The FCA and The Pensions Regulator have launched a joint football-inspired campaign to warn pension savers of the dangers of pension scams as losses to scammers top £30m since 2017.

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Platform and investment manager 7IM has reported group pre-tax profits rose 15% to £9.3m in 2019.

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