New law ‘empowers people to take control of finance’

FinTech firms will get powers to access data from all of a consumer’s bank accounts.


Freedoms need ‘flashing warning lights’ after MPAA cut

The freedom to withdraw pension funds from 55 needs to be accompanied by flashing warning lights, a pensions firm director says, after the cut to the Money Purchase Annual Allowance was sealed.


MPAA pension cut to hit from today

The Treasury will drastically reduce the Money Purchase Annual Allowance (MPAA) from £10,000 to £4,000 from today (6 April 2017), the start of the new tax year despite strong opposition from Financial Planners and the industry.


Spring ‘pay bump’ for millions but Scots higher earners face more tax

The Treasury says that a swathe of new tax measures due to kick in from the start of the new tax year on Thursday 6 April will provide a Spring ‘pay bump’ for millions of taxpayers.

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