Pension early exit charges will be capped from March next year, the government has confirmed.
The Chancellor announced plans for a cap on early exit fees last month and tasked the Financial Conduct Authority (FCA) with overseeing the policy. George Osborne said anyone who wanted to utilise pension...
Royal assent soon
Only one in ten opt for an annuity
The Department for Work and Pensions (DWP) will ban the charging of flat fees on auto-enrolment (AE) pots valued at or below £100 and launch work on how to standardise cost and charges reporting.
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams