The inclusion of The Money Advice Service as a key player in delivering the pensions guidance guarantee has been criticised by the chairman of an influential group of MPs.
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Expert warns pensions freedoms could be 'misselling charter'
- Tuesday, 22 July 2014
- Articles
A pensions expert has warned the Budget reforms could amount to "nothing more than a misselling charter".
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Tougher pension rules hailed 'landmark moment' for consumers
- Tuesday, 22 July 2014
- Articles
The Treasury's announcement on tougher rules for transferring defined benefit pension schemes into QROPS has been hailed as "a landmark moment for consumers and the industry".
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£530m to be 'wasted' in inheritance tax
- Tuesday, 22 July 2014
- Articles
As much as £530 million is set to be 'wasted' in inheritance tax this year by individuals not placing life protection policies under trust, research has suggested.
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Retirement guidance service standards laid out by FCA
- Monday, 21 July 2014
- Articles
The Financial Conduct Authority has laid out the proposed rules and standards for the guidance service for retirees, arising from the Budget reforms.
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'Guidance guarantee inadequate for complex advice'
- Monday, 21 July 2014
- Articles
A Financial Planning firm has suggested the Money Advice Service and the Pensions Advisory Service may prove inadequate for retirees after the bodies were named today as key providers for the Government's pledge of free, impartial guidance.
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Guidance guarantee: Finance firms to fund and TPAS to oversee
- Monday, 21 July 2014
- Articles
A levy on regulated financial services firms will pay for the Government's pledge of free, impartial retirement guidance, the Treasury confirmed this morning.
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Failings and poor advice found in enhanced transfer values probe
- Monday, 21 July 2014
- Articles
Bad practice, poor advice and other failings have been found by the FCA after investigating financial advice given to people who were offered enhancements to incentivise them to leave their employers' defined benefit pension schemes.
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Financial Planner Online tops 2,000 Twitter Followers
- Friday, 18 July 2014
- Articles
Financial Planner Online has hit a major milestone this week after topping 2,000 Twitter followers.
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Financial Planning firm hands out £600k to staff in bonuses
- Friday, 18 July 2014
- Articles
A west country firm which provides Financial Planning services has handed out £600,000 in staff bonuses following a year of record growth.
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