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FCA fees rise with planners set to pay 4.9% more
The FCA is proposing to increase its minimum and flat rate fees, as well as application fees, by an average 8.75% which could mean Financial Planners facing an overall hike in charges of 4.9%.
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Ex-Skipton exec becomes Nest interim CEO
Nest, the auto-enrolment pension provider, has appointed former Skipton Building Society boss Ian Cornelius as interim chief executive following the departure of Helen Dean.
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Give some State Pensioners early access - Aegon urges
Pension provider Aegon has urged the Government to consider a more flexible State Pension age and allowing early pension access to some people amid fears of further “significant” increases in the State Pension age up to 74 and the risk it could cause harm to many.
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AJ Bell platform axes 2 SIPP charges
AJ Bell’s adviser platform Investcentre has axed two SIPP charges and cut several custody charges on its platform at the same time as it is increasing the amount of interest paid on clients’ cash.
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FOS expects 30,000 more complaints in 2024/25
The Financial Ombudsman Service is forecasting that the number of complaints it is set to receive this year will hit 210,000 - nearly 30,000 higher than it predicted in December.
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