The administrators of a master trust failed to report their failure to collect or invest nearly £900,000 of auto-enrolment pension contributions on behalf of their members.
Read more ...Chancellor reveals 2 financial services initiatives as Brexit looms
- Friday, 22 June 2018
- Articles

Chancellor Philip Hammond has revealed two new government financial services initiatives - a new Green Finance Institute and an industry-led Financial Services Skills Taskforce - as the UK heads for Brexit.
Read more ...Govt right to resist default pathways, says Steve Webb
- Friday, 22 June 2018
- Articles

Royal London’s Steve Webb says the Government was right to resist calls for default retirement pathways.
Read more ...Hargreaves Lansdown founder sells £129m of shares in firm
- Friday, 22 June 2018
- Articles

Hargreaves Lansdown co-founder Stephen Lansdown has cashed in £129m of shares, according to a notification to the London Stock Exchange.
Read more ...BBC tip off leads to 2 jailed for role in £1.2m scam
- Friday, 22 June 2018
- Articles

A man and a woman were sentenced at Luton Crown Court this week for laundering money through their own bank accounts to help support four ‘boiler room’ financial scam operations.
Read more ...Bank holds rate at 0.5 % but summer rise possible
- Thursday, 21 June 2018
- Articles

The Bank of England Monetary Policy Committee has voted 6-3 to maintain the Base Rate at 0.5% this month.
Read more ...Ex-director banned and must pay £882k over ‘misconduct’
- Thursday, 21 June 2018
- Articles

The Financial Reporting Council has fined and banned a former finance director of RSM Tenon Group for five years after he admitted multiple counts of misconduct.
Read more ...Pension transfers hit £10.6bn in first quarter of 2018
- Thursday, 21 June 2018
- Articles

Pension transfers hit a new record of £10.6bn in the first quarter of 2018, ONS figures have shown.
Read more ...Provider urges Govt to exempt pensions and ISAs from IHT
- Thursday, 21 June 2018
- Articles

SIPP and platform provider AJ Bell has called on the Government to exempt pensions and ISAs from Inheritance Tax as part of a drive to “simplify” UK savings.
Read more ...Robo advice firm Investec Click & Invest to launch SIPP
- Thursday, 21 June 2018
- Articles

Robo adviser Investec Click & Invest is planning to launch a SIPP in the near future, the company’s chief executive has revealed.
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