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Advisers face setting aside money for 'bad advice' claims
Proposals from the FCA would require investment advisers to set aside a minimum of 28% of potential liabilities in advance to compensate investors if bad advice is given.
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Annuity deals differ by £13,240, says Canada Life
The difference between the best and worst annuity in the open market could pay an extra £13,240 in income or £662 a year over a typical 20-year period, according to Canada Life.
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SSAS and SIPP growth boost XPS results
Pensions and SIPP firm XPS Group has reported a 23% growth in revenues to £94.5m for the latest half year.
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DB pension transfer values fall below £150k
The transfer value a typical DB pension could attract fell below £150,000 in October for the first time since last year’s mini budget, according to pensions and SIPP firm XPS Group.
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Rapid growth in workplace pensions stalls
After years of sharp growth in participation during the roll-out of auto enrolment, workplace pension growth has stalled, according to new data from the Department for Work and Pensions.
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