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FCA annuity probe: Critics say it should go further
- Friday, 14 February 2014
- Articles
The FCA's review of annuities fails to go far enough and will be too slow to help thousands of retirees, a pensions director says.
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Consumer Panel: Government has role to fix failing annuities market
- Friday, 14 February 2014
- Articles
The Government has a role to play in fixing the failing annuities market, the Financial Services Consumer Panel says, following a damning FCA report published today.
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Lavish fraudster who cost investors £21m jailed for 7 years
- Friday, 14 February 2014
- Articles
A fraudster whose scam investment scheme cost investors over £21m has been jailed for seven years – the longest sentence ever from an FCA prosecution.
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73% lack confidence to arrange annuity without financial adviser
- Monday, 17 February 2014
- Articles
Nearly three quarters of those looking for an annuity lack the confidence to arrange one without the help of an adviser, research shows, as a major review of the sector moves into its next phase.
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Wealth firm: splash cash now to soften inheritance tax blow
- Monday, 17 February 2014
- Articles
Households with £1m or more in assets should spend some of their money now to avoid being severely hit by inheritance tax, a wealth adviser firm says.
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MD of Fidelity Worldwide Investment UK steps down
- Monday, 17 February 2014
- Articles
The managing director of Fidelity Worldwide Investment's UK business is stepping down, it has been announced today.
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IFP's hackers warning after finance firms targeted
- Tuesday, 18 February 2014
- Articles
The Institute of Financial Planning has warned members to be on the look out for hackers who have been targeting financial services firms.
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Wealth firm: Rising house prices expose more to big tax bill
- Tuesday, 18 February 2014
- Articles
A wealth management firm has warned that rising house prices will leave more homeowners liable to a heavy inheritance tax bill.
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Auto-enrolment: Firms fearing heavy fines still have time
- Tuesday, 18 February 2014
- Articles
Owners of small and medium sized businesses worried about heavy fines for missing auto-enrolment deadlines have been reassured they still have enough time.
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Four year inflation low as it drops below Bank of England's target
- Tuesday, 18 February 2014
- Articles
Inflation has dropped below 2% - The Bank of England's target – for the first time in over four years.
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