The Tax Incentivised Savings Association (TISA) has said it is in talks with the Financial Conduct Authority (FCA) to ensure the financial services industry includes realistic information in its advice and guidance about how property can be used to support a pension.
TISA has had several talks with the regulator so far, with director Charles McCready saying that it has been "very responsive". He said the association's concerns stem from a growing percentage of the...
For a long time, the road to retirement followed a familiar path. Individuals saved up for a pension during their working life in order to retire at a set age; usually around 65. This path has shifted, however.
Only one in ten opt for an annuity
Scheme pays or not scheme pays?
Regulator 'follows not leads'
6.4% of over 80s saving for end of life needs
Maximum 30% of redress
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