Popular News
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FCA reassures Hartley clients after ‘concerning’ letter
The Financial Conduct Authority has reassured Hartley Pensions clients following a letter sent by the joint administrators over the unauthorised movement of monies from their SIPPs by Hartley.
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TPR expects DB schemes to switch to ‘endgame planning’
The Pensions Regulator (TPR) said it expects DB schemes to switch their focus to ‘endgame planning’ from deficit recovery.
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Annuity misconceptions remain despite rise in sales
Almost half, 48%, of over-50s are unfamiliar with what lifetime annuities are and how they compare to other annuity products.
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FCA delays SDR for portfolio managers
The Financial Conduct Authority (FCA) has delayed its plans to apply sustainability disclosure requirements (SDR) to portfolio managers.
Latest Blog
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James Jones-Tinsley: Aiming for an advice-guidance sweetspot
As Nikhil Rathi is reappointed as CEO of the Financial Conduct Authority (FCA) for another five years, the FCA has set out its strategic direction for 2025/26, with important implications for financial advisers.
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Martin Tilley: FCA must grapple growth v regulation question
In late December, Prime Minister Sir Keir Starmer tasked 10 regulators with removing ‘barriers to growth’ in order to attach the jump leads to the UK economy. On 16 January, the FCA wrote a letter to the Government to outline their plans to support the growth agenda.
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Lisa Webster: Over-taxation of pensions remains an issue
HMRC’s January pension schemes newsletter announced changes to tax codes for pensions, and a few headlines followed proclaiming HMRC had finally fixed the over-taxation issue. It would be fantastic if that was the case, but despite nearly 10 years of getting it wrong, the problem isn’t resolved yet.
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Lisa Webster: Divorce impact on lump sums raises question
The lifetime allowance may have been consigned to the annals of history but the various forms of protection are still relevant in the new world, especially when it comes to the amount of pension commencement lump sum (PCLS) that can be taken.
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Martin Tilley: How education can tackle pension scams
The dark reality of pension scams is that we don’t really know how common they are. Fraud is a crime which tends to have low reporting events and with pension scams, it’s no different. The emotional toll can be as large as the financial, with some people being too embarrassed to report that they have been the victim of a scam.
The sweeping reforms to pensions introduced in the Budget have increased the need for regulators to protect consumers, the chairman of the FCA has said.
Advisers have reported a significant jump in clients seeking advice since the sweeping reforms to pensions were announced in March.
The Sipp market will ultimately split into two, one of the leading sipp providers has predicted, while another believes platform Sipps will take the majority of business in future.
Young men are wising up to the need to get a pension sorted early in their working lives but women are lagging a long way behind, according to researchers.
Some firms will struggle to comply with the demands of auto-enrolment, NEST's chief executive has said, as research showed less than a quarter of small employers feel able to handle it.
Planning for retirement has grown in importance since a year ago, a survey has found.