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FSCS to meet admin costs of Hartley Pensions collapse
The Financial Services Compensation Scheme has said that it will pay the exit and administration charge (EAC) that the joint administrators propose to levy on Hartley Pensions Limited (HPL) customers, despite earlier saying that it could not.
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2 in 3 advisers concerned about pot for life proposals
Nearly two thirds (63%) of advisers are concerned about the impact of the Government’s proposed lifetime pension provider model, according to a new report.
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High earners face retirement shock
The UK’s high earners are facing a retirement shock as less than a third are on track for a financially comfortable time when they retire, according to new research.
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Directors of @sipp complete MBO
Eddie McGuire, managing director of @sipp, and the firm's finance director Steve Lancaster, have led a successful MBO of the specialist SIPP and SSAS provider.
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DB pension transfer volumes hit 5 year low
The end of 2023 saw the rate of people transferring out of their DB pension fall to a five-year low, research from pensions consultancy XPS Pensions Group found.
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