A new survey for online platform and SIPP provider AJ Bell on the 5th anniversary of the Pension Freedoms suggests withdrawals have been falling year on year.
Read more ...CII publishes Coronavirus support guide for members
- Monday, 30 March 2020
- Articles
The Chartered Insurance Institute has published an online members’ guide to the financial support available to help them cope with the financial impact of the Coronavirus outbreak.
Read more ...PFS says some will miss out on self-employed package
- Monday, 30 March 2020
- Articles
The Personal Finance Society has welcomed the Chancellor’s support package for the self-employed but warned that some self-employed people will miss out, a view echoed by leading accountants Blick Rothenberg.
Read more ...Lang cat offers free Covid-19 platform updates
- Friday, 27 March 2020
- Articles
Financial consultancy the lang cat is providing free updates on how platforms are responding to Covid-19 and MiFID 10% drop reporting.
Read more ...FSCS declares GPC and 14 other firms in default
- Friday, 27 March 2020
- Articles
The Financial Services Compensation Scheme (FSCS) has declared 15 failed regulated firms in default during February 2020 including SIPP firm GPC.
Read more ...1 in 5 Britons have no ‘rainy day’ savings
- Friday, 27 March 2020
- Articles
1 in 5 British adults have no immediate access to ‘rainy day’ savings, according to a new survey of 2,000 adults.
Read more ...Marcus launches fixed rate savings account at 1.45%
- Friday, 27 March 2020
- Articles
Goldman Sachs online bank Marcus has today launched a 1 Year Fixed Rate Saver account with an interest rate of 1.45% AER for 12 months.
Read more ...Mattioli Woods CEO waives £1.1m salary
- Friday, 27 March 2020
- Articles
Ian Mattioli, chief executive of wealth management and SIPPs business Mattioli Woods, has waived his salary until at least 30 June and board directors have reduced their fees to 50%.
Read more ...Delay to new pension transfer rules ‘very disappointing’
- Thursday, 26 March 2020
- Articles
The FCA’s long-awaited pension transfer rule changes are likely to be pushed back by at least six months in a move described as “very disappointing” by a leading pensions actuary and consultancy firm.
Read more ...PFS wants Govt help to keep planners working
- Thursday, 26 March 2020
- Articles
The Personal Finance Society has urged the FCA and the Treasury to do more to ensure consumers can access financial advice during the Coronavirus outbreak.
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