LEBC Group

The mounting importance of LTC advice post-pensions freedom

The Financial Conduct Authority's (FCA) business plan has failed to calculate the Dilnot cap on long-term care costs correctly, according to LEBC Group divisional director Kay Ingram.

People wanting to cash in their entire pension pots without taking regulated advice should be subject to a mandatory 30-day cooling off period, advice firm LEBC has said.

National advice firm LEBC has posted a 43% increase in pre-tax profits for the last year, saying it had benefited from the "positive impact" of the incoming pension freedoms.

National IFA LEBC has attacked the Liberal Democrats' leader Nick Clegg's recently outlined future tax proposals, saying they amount to an "anti-savings agenda".

The guidance guarantee, if delivered as planned, will do little more than deter people from "doing stupid things" with their pension pots - it will not help them plan for their retirement, according to LEBC.

Peter Shelton, research and compliance director at national IFA LEBC Group, is to retire after more than 40 years in financial services.

Profits at financial services firm LEBC were up 38% last year, reaching £774,000 by September 2013, results show.

Is focused advice a viable option?

Financial services group LEBC is to create a dedicated mortgage advice team in light of the implementation of new rules following the Mortgage Market Review (MMR).