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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.
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.
Nearly 8 in 10 advisers expect growing numbers of pension providers will not offer their auto enrolment schemes to businesses with fewer than 30 employees.
Ten per cent of grown up children claim their parents are having ‘too much fun’ and ‘blowing’ their inheritance, as a generational financial tug of war takes place, according to a retirement report.
A pensions expert says she has been disturbed to discover the new freedoms may be working to the detriment of many retirees as they take out their cash and stash it in savings accounts, suffering a tax hit as a consequence.
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