The Pensions Regulator and the Financial Conduct Authority have published a joint ‘plain English’ guide for DB pension savers to warn them of the risks of transferring their pension.
Read more ...Only 21% of BSPS transfer advice ‘suitable’ - FCA
- Friday, 05 June 2020
- Articles
The FCA says that 47% of the DB pension transfer advice given to members of the British Steel Pension Scheme was ’unsuitable’ with only 21% ’suitable.’
Read more ...FCA to halt 'most' contingent charging on DB transfers
- Friday, 05 June 2020
- Articles
The Financial Conduct Authority says it will ban most contingent charging on DB pension transfers as part of a raft of measures designed to tackle ‘weaknesses’ in the DB transfer market.
Read more ...Police Mutual set to join Royal London group
- Thursday, 04 June 2020
- Articles
Royal London is to absorb Police Mutual following a vote by Police Mutual policyholders in favour of a merger.
Read more ...Chartered Planner offers fee free help during pandemic
- Thursday, 04 June 2020
- Articles
An award-winning Chartered Financial Planner has launched a mission to give people fee free mortgage advice during the Coronavirus outbreak.
Read more ...Investors pump £4bn into funds in April
- Thursday, 04 June 2020
- Articles
After record outflows of £10bn in March, UK savers pumped £4bn back into retail funds in April, according to figures from the Investment Association published today.
Read more ...FCA to survey 13,000 firms on Covid-19 resilience
- Thursday, 04 June 2020
- Articles
The FCA has today launched a survey of 13,000 regulated firms to assess how their ‘financial resilience’ may have been affected by the Coronavirus outbreak.
Read more ...Gazard to become CEO at Quilter Financial Planning
- Wednesday, 03 June 2020
- Articles
Stephen Gazard, group managing director of Quilter’s advice business, is to become chief executive of Quilter Financial Planning, replacing Andy Thompson who will leave later this month.
Read more ...Treasury minister wants swift financial services ‘bounceback’
- Wednesday, 03 June 2020
- Articles
Economic Secretary to the Treasury John Glen MP has said the government will support the financial services sector’s recovery by doing “whatever is needed” for a rapid pickup.
Read more ...2 in 3 advisers expect rapid recovery post-virus
- Wednesday, 03 June 2020
- Articles
More than two thirds of financial advisers expect business to return to usual within three months, according to a new survey.
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