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CISI warns FCA over FOS compensation increase

The Chartered Institute for Securities & Investment (CISI) has raised concerns with the FCA at the decision to increase the Financial Ombudsman Service’s (FOS) compensation limit from £150,000 to £350,000, as it may have “serious unintended consequences for its member SMEs”.

XPS says schemes must get ‘Pension Dashboard ready’

XPS Administration has called on pension schemes to get ready for the introduction of the Pensions Dashboard now.

FSCS reveals outgoing CEO Mark Neale’s replacement

The Financial Services Compensation Scheme (FSCS) has today revealed that former RBS and ABN AMRO executive, Caroline Rainbird, will become its next CEO.

Fears over Halloween Brexit ‘nightmare’ for pensions

Fears of a Halloween Brexit horror story for pensions have been raised by AJ Bell.

12,000 savers lose lifetime allowance protection

Thousands of pension savers have breached lifetime allowance ‘protections’ in the past 12 years, potentially landing themselves with tax bills running into hundreds of thousands of pounds.