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62% of SIPP complaints to FOS upheld
The Financial Ombudsman Service received 1,460 new complaints about SIPP products over the past year, according to its annual report on complaints.
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Average salary at the FCA tops £71,000
The average salary at the FCA has risen by an average of 4.8% this year to £71,290, with some younger staff members receiving an 11.2% increase.
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New Pensions Minister takes up Treasury / DWP joint role
Labour MP Emma Reynolds has been appointed as Pensions Minister in a new joint ministerial role working across both the Treasury and the Department for Work and Pensions (DWP).
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2 in 3 'unretirees' failing to consider tax trap
Two thirds (63%) of over-55s who plan to return to paid work have failed to check the potential tax implications of doing so, according to a new report.
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FCA wants compulsory criminal background checks
The FCA is to consult on introducing compulsory criminal background checks on firm owners and controllers applying for authorisation from January 2025.
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