News

The Financial Conduct Authority (FCA) has confirmed its response to the self-invested personal pension (SIPP) provider capital adequacy consultation will be delayed until the third quarter of the year.

Axa Life Invest has launched a post-Budget drawdown product giving the stability of an annuity with additional built in flexibility to remain invested.

Lawyers representing Arch Financial Products (AFP) directors Robin Farrell and Robert Addison today suggested regulatory rules in place at the time their clients are accused of acting "recklessly" in managing the CF Arch cru fund range were unclear.

The Financial Conduct Authority has revealed it is 'mindful' of industry feedback on the treatment of commercial property as a non-standard asset for self-invested personal pensions (SIPP) capital adequacy in the forthcoming regulation.

The death of annuities is premature but the lifetime allowance on pensions must be scrapped, delegates heard at the Association of Member-Directed Pension Schemes (AMPS)'s annual conference.

In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

Pensions minister Steve Webb says delays to the timescale for implementing reforms would happen "over my dead body".

The Financial Conduct Authority (FCA) is alerting the public to be wary of offers of free pension reviews, pointing out few firms offering the service are regulated.

The Bank of England may find monetary policy such as raising interest rates "the only game in town" to combat financial stability risks such as the housing market, the deputy governor has warned.

Lloyds, the UK's biggest lender, has put an immediate cap on income multiples on mortgages over £500,000 to primarily target the London market in a bid to combat the capital's swiftly rising property price inflation.