Injured soldiers and armed forces servicemen are to be offered free financial advice through a Personal Finance Society project.

A Financial Planning firm director fears genuine entrepreneurial investors maybe put off from using flexible pensions such as SSAS, following signals of a scam crackdown.

Financial Planners have been urged to give up just 15 minutes a month to help smoke out pension scammers.

Financial Planners should aim to think more from the client’s point of view and also make better use of technology to improve their businesses.

Standard Life has confirmed that it will retain Elevate, the investment platform it acquired from AXA Wealth, despite also operating its own platform.

The Financial Services Compensation Scheme has declared 16 failed financial advisory firms in default, paving the way for consumers to receive compensation.

Hargreaves Lansdown believes that Autumn Statement documents hint that it is only a matter of time before pension tax relief will have to be targeted for cutbacks by the Chancellor.

The Personal Finance Society is becoming increasingly influential in shaping Government policy, the body’s chief executive said this morning.

Plans announced by Chancellor Philip Hammond in the Autumn Statement to bring QROPS and other overseas pension transfers into line with UK pensions will spark a “surge” in overseas transfers believes a leading offshore advice firm owner who supports the tightening up of the rules.

In a surprise move in his Autumn Statement, Chancellor Philip Hammond announced he would cut the money purchase annual allowance from £10,000 to £4,000 from April 2017 to stem the use of the facility to provide “double pension tax relief.”