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83% of Financial Planners want LTA scrapped
Over three quarters (83%) of Financial Planners want the Lifetime Allowance (LTA) scrapped due to the complexity of the rules and protections, according to a new poll.
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Shift towards less expensive SIPPs for pension transfers
A slight shift to less expensive SIPPs has resulted in a modest improvement in outcomes for pension scheme members choosing to transfer when compared to last year, according to a new survey.
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Interactive investors completes takeover of rival
Interactive investor (ii), the flat fee investment platform, has completed its takeover of rival The Share Centre, creating a group with 570,000 customers.
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Charles Stanley growth driven by Financial Planning
Despite the effect of the Coronavirus pandemic, Charles Stanley Group revenue has increased 1.7% for the second quarter of 2020 year on year due to strong progress from the Financial Planning division.
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Planning reform could impact SIPP and SSAS savers
New UK commercial property rules announced on Wednesday - making it easier to convert commercial properties into residential housing - could hit investors in commercial property using SIPPs and SSAS.
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