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Nearly a third of over-55s have deferred retirement
Nearly a third (32%) of over-55s have deferred their retirement plans since the Coronavirus pandemic began in early 2020.
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FOS plans to charge CMCs for bringing cases
The Financial Ombudsman Service is considering charging Claims Management Companies fees of up to £650 per case to help cut down on the tide of speculative claims that can clog up the service.
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Mattioli Woods arm buys EIS manager
Maven Capital Partners, the private equity division of SIPP and Financial Planning firm Mattioli Woods, has acquired EIS manager Newable Ventures Limited as part of a move into the Enterprise Investment Scheme market.
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Staffs-based adviser fails with SIPP claims
Staffordshire-based pensions adviser Quadros Financial Solutions Ltd (FRN: 764760) has been declared as failed by the Financial Services Compensation Scheme.
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Govt presses ahead with LTA abolition despite concerns
The Government has issued a new Financial Bill which includes the legal mechanism for the abolition of the pensions Lifetime Allowance (LTA).
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