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The Government needs to be more transparent about how Pension Wise is performing, a consumer watchdog said today.
Debts of as much as £100,000 are following people into their life after work, a report on retirement planning has shown.
A director at Mattioli Woods has confirmed his firm is holding talks with troubled Sipp providers and the FCA to look at possible solutions ahead of the revamped capital adequacy rules taking effect next year.
Sipp sales at James Hay increased by 26% in the first half of 2015, the firm reported this morning.
I would recommend that everyone takes time to read the Green Paper called 'strengthening the incentive to save' – a consultation on pension tax relief.
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Prudential has come top in the complaints league for life, pensions and decumulation, published by the Financial Ombudsman Service for the first half of 2015.
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