Today marks the final staging date for automatic enrolment after its launch in 2012 with 9 million enrolled so far.
Chartered Financial Planning firm John Lamb has launched a new wealth management business.
Dentons Pension Management Limited, one of the UK’s larger providers and administrators of SIPPs, has acquired Sippchoice, a London-based SIPP provider for an undisclosed sum.
Gretchen Betts CFP Chartered MCSI has been appointed President of the Chartered Institute for Securities & Investment Wales branch.
Samrat Bhandari, who played a prime role in an investment scam which cheated often vulnerable investors out of over £1.4m, has been sentenced today at Southwark Crown Court to a total of 3.5 years’ in prison.
New research from the Association of Investment Companies into the UK Equity Income investment company sector has found that the investments - recently questioned by some - can provide long term value for income-seeking investors in retirement who also want to build up a lump sum to potentially pass on.
Royal London’s director of policy Steve Webb, a former pension minister, believes that HMRC is “out of control” when it comes to over-taxing savers using pensions income withdrawal or buying a second home.
National financial adviser group LEBC has reported annual turnover up 17.5% to £18.1m and a trading profit of £3m, up 42.8%.
Latest figures from the Financial Ombudsman Service suggest SIPPs complaints in the current Ombudsman year will be 25% up on the previous year.
Industry experts have welcomed Chancellor Philip Hammond asking the Office of Tax Simplification to review Inheritance Tax, a move that could pave the way for reform.
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