Quilter's adviser platform Old Mutual Wealth (OMW) has added a voluntary 'scheme pays' feature to its personal pension the Collective Retirement Account (CRA).
OMW said that, with the new feature, clients will be able to use their personal pensions to pay their annual allowance tax charge. It will also allow them to settle annual allowance tax charges for any...
Part of its Transfer Watch tracker
The Financial Ombudsman Service (FOS) has asked adviser firm The On-Line Partnership to compensate a client following unsuitable advice to transfer his pension to a self-invested personal pension (SIPP) and invest in unregulated schemes.
Whether it's because we had to or wanted to, lockdown gave us all the opportunity to do things differently. But which of these new habits are likely to remain part of everyday life? Simon Goldthorpe shares his thoughts...
Transfer did not proceed
UN's 17 social development goals
Expects market to 'remain volatile'
2.5% widely expected