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News

Pensions

Altmann named govt champion for older workers

Ros Altmann is to work with the Department for Work and Pensions (DWP) to champion older workers as the government moves to better support people aged over 50 in the labour market.

clock 14 July 2014 • 2 min read

Economics / Markets

Watchdog fears fresh Lehman's from worldwide debt surge

The world economy is just as vulnerable to a financial crisis as it was in 2007, with the added danger that debt ratios are now far higher and emerging markets have been drawn into the fire as well, the Bank for International Settlements (BIS) has warned....

clock 14 July 2014 • 2 min read

Economics / Markets

Co-operative Bank receives £100m cash injection

The Co-operative Bank has received a £100m cash injection from its former parent as part of attempts to fill a £1.5bn black hole.

clock 14 July 2014 • 1 min read

Economics / Markets

Executive pay '180 times average', report finds

Executive pay has grown from 60 times that of the average worker to almost 180 times since the 1990s, according to a report.

clock 14 July 2014 • 1 min read

Income

PA Debate Result: 75% say retirees will not make informed retirement plans

At the end of the first PA debate, Yellowtail Financial Planning's managing director Dennis Hall emerged as the clear winner as 75% of you agree that retirees could not be trusted to make their own retirement planning decisions.

clock 11 July 2014 •

Regulation

Advisers raise 'systemic mis-selling' risk of simplified advice models

Advice firms have raised fears over "systemic mis-selling" through simplified advice and said ongoing regulatory uncertainty has stifled market developments, according to the Financial Conduct Authority (FCA)

clock 11 July 2014 • 2 min read

Regulation

FCA defines difference between 'information' and 'advice'

The Financial Conduct Authority (FCA) has laid out for firms what it views as the differences between ‘information' and ‘investment advice' - and when information can be advice.

clock 11 July 2014 •

Regulation

FCA consults on boundaries for 'automated' advice models

The Financial Conduct Authority (FCA) is consulting on guidance to clarify the boundaries between different investment advice models, such as simplified, or automated, advice.

clock 11 July 2014 •

Income

Ombudsman investigating 84 pension liberation complaints

The Pensions Ombudsman has revealed it is investigating 84 complaints about pension liberation.

clock 11 July 2014 • 2 min read

Pensions

NEST writes off £1m in fraud losses

The National Employment Savings Trust (NEST) has conceded it has little chance of recovering most of the £1.4m it lost due to fraud in 2012/13.

clock 11 July 2014 • 1 min read
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