Savers withdrew £2.75bn flexibly using the pension freedoms in Q2 2019, up 21% compared to a year earlier, new figures have revealed.
Read more ...Bank Rate held at 0.75% as growth forecast slashed
- Thursday, 01 August 2019
- Articles
The Bank of England has held the Bank Rate at 0.75% as it cut forecasts for UK growth over the next two years.
Read more ...TPR says small pension schemes ‘must quit market’
- Thursday, 01 August 2019
- Articles
The Pensions Regulator has called for small pension schemes to quit the market after new research findings.
Read more ...Fintech firm builds team for international expansion
- Thursday, 01 August 2019
- Articles
Intelliflo is structuring its business to deliver expansion internationally, with Australia the first country in the delivery pipeline it has been revealed.
Read more ...AJ Bell calls on Javid to ‘radically’ simplify ISA rules
- Thursday, 01 August 2019
- Articles
Andy Bell, chief executive of AJ Bell, has written to Sajid Javid, the new Chancellor of the Exchequer, calling on him to “radically simplify” the rules around ISAs.
Read more ...SIPPs firms 'could be hit' by new FCA policy
- Thursday, 01 August 2019
- Articles
The FCA’s ‘Retirement Outcomes Review’ policy statement has come under fire from SIPPs specialists.
Read more ...Openwork makes 2 senior hires to support advisers
- Thursday, 01 August 2019
- Articles
Advice network Openwork is expanding its wealth channel team with two new senior appointments, a move which it says will ‘enhance’ its capabilities and support for advisers.
Read more ...FCA clarifies cryptoassets regulation stance
- Wednesday, 31 July 2019
- Articles
The FCA has published final guidance which sets out the cryptoasset activities it regulates.
Read more ...Financial Planner unveils £1.8m triple acquisition
- Wednesday, 31 July 2019
- Articles
Financial Planning firm Harwood Wealth Management Group has revealed three new acquisitions.
Read more ...KR Group makes new directorial hire
- Wednesday, 31 July 2019
- Articles
KR Group, the specialist provider of financial solutions to the over 55’s, has appointed Charlie Moran as group data and business intelligence director.
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