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Tom McPhail

Displaying items by tag: Tom McPhail

Pension deductions from pay will treble for more than four million employees from today.
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The liquidation of Carillion, one of the UK's largest construction companies, should set off “alarm bells” for pension savers, says the chief executive of wealth manager deVere.
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Bristol-based online investment provider and Financial Planning firm Hargreaves Lansdown is joining the Association of British Insurers as its first platform provider member.
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Friday, 04 November 2016 14:32

Annuity comparison deteriorating, warns McPhail

Bristol-based Hargreaves Lansdown has called for mandatory annuity rate transparency and says the ABI should reinstate ‘annuity window’ rate tracking.
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Hargreaves Lansdown has reported that over the past year it has received over 150,000 requests for information regarding the new pension freedoms with over 8% of callers asking about topping up or opening a Sipp.
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Nearly £26bn of pension savings are "potentially exposed" to annual management charges of above 1%, a report has found.
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Wednesday, 11 December 2013 15:43

HL unveils 5 point action plan for retirement market

Hargreaves Lansdown has detailed a five point action plan to reform the retirement planning sector following the widespread criticism of the annuity market by the Financial Services Consumer Panel this week.
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Hargreaves Lansdown, the Sipp, investment and advice provider, has urged Chancellor George to use his autumn statement on Thursday to tackle systemic failures in converting pension pots into retirement income.
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HM Revenue & Customs says it is taking steps to tackle the increasingly sophisticated models being used by so-called pension liberation companies.
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Sipps and investment provider Hargreaves Lansdown says that the latest thematic review of the Sipps sector, announced this week, is a 'push' towards larger providers but not a 'direct attack' on smaller operators.
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