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Retirement

Regulation

Half of pensioners not prepared for LTA changes - survey

Almost half of pension holders who are over or near their lifetime allowance (LTA) threshold have not yet taken any action to prepare for the limit reductions due to be introduced in April, a survey has found.

clock 04 March 2014 •

Regulation

FOS complaints against networks and nationals drop

The number of complaints upheld against networks and nationals by the Financial Ombudsman Service (FOS) have dropped in the last half year, figures show.

clock 04 March 2014 •

Pensions

Phoenix Life racks up 400 ombudsman complaints

Phoenix Life attracted more than 400 complaints in the final six months of last year, according to latest data from the Financial Ombudsman Service (FOS).

clock 04 March 2014 •

Pensions

Standard Life may ban workplace pension adviser charging

Standard Life is investigating placing a ban on adviser charging in connection with workplace pensions following discussion with the Financial Conduct Authority.

clock 03 March 2014 •

Investment

Most Hargreaves' Wealth 150+ deals face rebate tax

Hargreaves Lansdown has confirmed a number of its new discounted fund deals will be subject to HMRC's rebate tax, with only 9 of the 27 funds on its Wealth 150 Plus list available via preferentially priced share classes.

clock 03 March 2014 •

Pensions

Just Retirement cuts minimum fund size to £2k after FCA study

Annuity provider Just Retirement has reduced its minimum fund size to £2,000.

clock 03 March 2014 •

Regulation

Regulation round-up: Pension charges; consumer rights and inducement rules

Our monthly update on the key regulatory events of the past few weeks

clock 28 February 2014 •

Pensions

Labour: Webb's commitment to charge cap 'shamefully collapsed'

Steve Webb's commitment to introducing a charge cap on auto-enrolment (AE) schemes has "shamefully" collapsed, according to Labour Lord Desmond Browne.

clock 28 February 2014 •

Income

Falling down: What's behind the drop in annuity sales?

Why did the number of annuity contacts fall so much in 2013?

clock 27 February 2014 •

Regulation

Red flag: Advisers on handling influx of 'extraordinary' UCIS offers

When should advisers report unregulated investments to the FCA?

clock 27 February 2014 •
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