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A new FOI reply to Steve Webb, director of policy at Royal London, suggests that far more low-paid and part-time workers are missing out on tax relief on their pension contributions than previously thought.
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The newly launched Money and Pensions Service has called on organisations throughout the UK to get involved in the development of the organisation’s strategy to improve the nation’s financial wellbeing.
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An investment management firm has appointed a new managing partner and hired a new chairman.
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The Chartered Insurance Institute (CII) has appointed Kenny Siu as its new regional director for the Asia Pacific region based in Hong Kong.
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Following its £460m HL Select fund range, Hargreaves Lansdown is launching a global equity fund, to sit alongside our existing UK Growth and UK Income funds.
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The Financial Ombudsman Service has expanded its remit to include more small business and claims management companies, so called ‘ambulance chasers’.
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Pension savers will now be putting away more in their pots, as part of an increase in auto-enrolment minimum contributions, from 5% of qualifying earnings to 8%.
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A group of fraudsters were jailed for a combined 17 years and nine months today for their part in an elaborate wine investment scam which conned nearly £1m out of investors, many of which were elderly and vulnerable.
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The Financial Services Compensation Scheme (FSCS) is to pay compensation to 2,500 clients of discretionary fund manager Strand Capital, which became insolvent in 2017.
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St James’s Place Wealth Management is among the latest firms to join the Protection Distribution Group (PDG).