SIPP firm brings forward e-signatures plan

Momentum Pensions, a UK and international SIPP and pension provider, has accelerated the introduction of electronic signatures for pension and investment forms to help advisers and clients during the Coronavirus outbreak.

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TPR gives employers limited AE flexibility

The Pensions Regulator has given employers more flexibility today with their auto-enrolment pension contributions but also reminded them of their obligations. 

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CII to provide free personal finance study texts 

The Chartered Insurance Institute is to provide free digital study texts to personal finance students concerned they may be unable to sit their assessments before the end of August due to the Coronavirus outbreak.

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FCA bans adviser who cheated £4.5m from victims

The FCA has banned a rogue financial adviser who cheated dozens of victims, many of them vulnerable, and is now serving an eight year sentence in prison.

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Lloyds Bank Group directors waive bonuses

The directors of the Lloyds Banking Group, which includes Scottish Widows and half of new Financial Planning arm Schroders Personal Wealth, have waived their 2020 bonuses.

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FOS confirms max comp to rise to £355,000

The Financial Ombudsman Service is to increase its maximum compensation award for 2020/21 to £355,000 per case, a £5,000 increase on 2019.

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Brown Shipley creates new East Anglian hub

Wealth manager Brown Shipley has completed its takeover of Cambridge and Norwich-based Financial Planner NW Brown to create a new East Anglian hub.

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FCA delays raft of pension rule changes

The FCA has delayed a raft of imminent changes to its pension rules for six months or more in the wake of the Coronavirus outbreak.

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Consultation on Pension Dashboards is deferred

The Pensions Dashboards Programme, a body backed by the Money and Pensions Service, said in a progress report today that it is moving forward but has deferred two major full consultations due to the Coronavirus crisis.

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Pension firm: 1 in 3 clients to take a lump sum

A pension review firm has found that more than half of its clients who plan to access cash from their pensions intend to do so as soon as they reach 55.

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