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SIPP providers must nudge savers to get guidance
SIPP providers will be required from June to “strongly nudge” pension savers to get government-funded pension guidance when they decide to access their pension savings, the FCA confirmed today.
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BSPS claims top 1,000 as 5 more adviser firms fail
The Financial Services Compensation Scheme reported today that it has so far received 1,018 claims from former members of the British Steel Pension Scheme (BSPS).
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AJ Bell set to launch low cost Dodl app in 2022
Platform and SIPP provider AJ Bell has unveiled plans to launch an app-based investment platform called Dodl which will offer an annual charge of 0.15%.
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FCA set to increase minimum firm fee to £2,200
The FCA is planning to increase its minimum fee for firms from £1,151 to £2,200, it announced today.
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FCA beefs up powers for its senior managers
The FCA has given its senior managers more powers to make regulatory decisions to ensure action to prevent consumer harm is taken quicker.
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