Providers pushing pensions freedom advice demands 'too far'
ISA-style pensions don't 'stand up to scrutiny'
National Savings & Investment (NS&I) is to cut the interest rate on its easy-access Direct ISA to 1.25%, a move experts said was a "bitter blow to savers" and further called into question the value of cash products.
Inflation fell back to zero in the year to the end of August, according to the Office for National Statistics (ONS), pushing out expectations of an interest rate rise again.
A tax avoidance advice 'timebomb' built up over a decade could send a "significant" number of new claims to the Financial Services Compensation Scheme (FSCS) now that the body has agreed to deal with similar cases, a firm representing unhappy clients...
Government plans to merge ISAs and pensions would harm retirement saving and mean more retirees run out of money, Axa Wealth head of retirement planning Andy Zanelli has warned.
The Financial Services Compensation Scheme (FSCS) has said the 150 claims it is investigating against poor advice to invest in apparently tax efficient schemes relate to business written in the decade from 2000.
The Financial Services Compensation Scheme (FSCS) has begun processing about 150 individual claims related to advice to invest in tax 'mitigation' schemes after being given the green light by lawyers.
Chancellor George Osborne will deliver his Autumn Statement alongside the government's spending review on 25 November.