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News

Pensions

Critics condemn SNP plans to block rise in Scotland state pension age

The Scottish National Party (SNP) has revealed it will fight to block planned increases in the state pension age to protect Scottish pensioners.

clock 07 April 2015 •

Investment

Rowanmoor adds single investment option to post-freedoms SIPP

Rowanmoor Group has added a single investment option to its new post-retirement-freedoms SIPP, with reduced set-up and administration fees.

clock 07 April 2015 •

Regulation

Pensions regulator finalises DB transfer guidance for trustees

Finalised guidance for trustees of defined benefit (DB) pension schemes has been published giving further clarity on how they should deal with transfer requests from members looking to take advantage of pensions freedom.

clock 07 April 2015 •

Economics / Markets

Woodford: UK stocks face 'years of turmoil' following election

Neil Woodford has said next month's general election could mark the beginning of years of uncertainty for UK investors.

clock 07 April 2015 •

Regulation

Investors await FSCS rescue as mis-selling IFA enters liquidation

A wealth manager has entered liquidation because it is unable to pay back clients to whom it mis-sold investments, leaving Financial Services Compensation Scheme (FSCS) levy payers to pick up the bill.

clock 07 April 2015 •

Income

Just 8% eye taking pension 'in one go'; drawdown dominates - research

Fewer than one in ten of those with pension queries following the roll-out of the retirement 'freedoms' on 6 April were looking to withdraw their savings in full, research suggests.

clock 07 April 2015 •

Income

Parmenion adds extra drawdown options to in-house SIPP

Parmenion has added four withdrawal options to its in-house self-invested personal pension (SIPP) offering, including uncrystallised lump sum (UFPLS).

clock 07 April 2015 •

Regulation

Pension provider capacity crunch fears 'well-founded' - PwC

Fears pension providers will struggle under huge inflows of customer requests come 6 April are "well-founded" as too little has been done to address communication processes, according to PwC.

clock 05 April 2015 •

Investment Trusts

Elliott ups its stake in Alliance Trust ahead of vote

Elliott Advisors has increased its voting stake in Alliance Trust in the run up to the trust's annual general meeting later this month.

clock 02 April 2015 •

Wrap/platforms

Transact posts record profits in dramatic year

Transact has reported record pre-tax profits for 2014 as it gains 10,000 new clients.

clock 02 April 2015 •
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