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HNWIs are failing to use extra pensions allowance
A year on since the increase in the pensions’ annual allowance, the majority of HNWIs (56%) are not utilising the extra £20,000 allowance available to them, new data from the Saltus Wealth Index Report has revealed.
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FCA consults industry as Pension Dashboards edge forward
The FCA has opened a consultation into new guidance to be added to its Perimeter Guidance Manual (PERG) as the much-delayed Pension Dashboards Programme continues to inch forwards.
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DWP publishes Pensions Dashboards timetable
The Department for Work and Pensions has published a staged timetable for occupational pension schemes and personal and stakeholder providers to be connected to the pensions dashboard.
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Manchester-based pension transfer adviser fails
The Financial Services Compensation Scheme (FSCS) has declared Manchester-based Pension Advice Specialists Ltd (FRN: 792927) as failed.
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FSCS declares three pension and SIPP firms in default
The Financial Services Compensation scheme has today declared three financial advice firms as failed, including two SIPP-related and one linked to BSPS.
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