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News

Pensions

Budget reforms give older workers auto-enrolment incentive - research

The vast majority of older workers would be better off if they remained enrolled in their workplace pension scheme, according to analysis.

clock 20 May 2014 •

Regulation

FOS resolves half a million complaints in 'unprecedented' year

A record year at Financial Ombudsman Service (FOS) saw 40,000 queries a week resulting in 512,167 new complaints during the past 12 months.

clock 20 May 2014 •

Your profession

Succession nets £80m FUM with two advice firm signings

Two advice firms have joined wealth management group and consolidation vehicle Succession Advisory Services, bringing £80m to the firm's funds under management.

clock 19 May 2014 •

Managed solutions

Charles Stanley offers model portfolios via Standard Life Wrap

Charles Stanley is to offer its model portfolio range via Standard Life's Wrap platform.

clock 19 May 2014 •

Pensions

Guidance guarantee must include adviser directory signpost - APFA

The government's retirement guidance guarantee should include the formation of an adviser directory to ensure consumers have a smooth route to regulated advice, according to the Association of Professional Financial Advisers (APFA).

clock 19 May 2014 •

Your profession

AFH acquires IFA Omega Consulting

IFA and discretionary wealth manager AFH Financial Group has acquired Norwich-based independent financial advice firm Omega Consulting in its second deal of the year.

clock 19 May 2014 •

Income

NEST: 'Comfortable' retirement income is £15k

People managing to achieve a retirement income of £15k per year will be "comfortable", according to a report by the National Employment Savings Trust (NEST).

clock 19 May 2014 •

Charging

IMA begins survey of fund manager pay

The Investment Management Association (IMA) has written to UK fund groups asking them to anonymously disclose details of salary structures following discussions with EU regulators.

clock 19 May 2014 •

Your profession

Half unprepared to pay for professional financial advice - study

A desire to be in control of their own finances is the most-cited reason among investors who declare they are unwilling to pay for professional financial advice, according to a poll.

clock 19 May 2014 •

Pensions

SIPP complaints 'up 50%' on UCIS recommendations

The number of complaints from self-invested personal pension (SIPP) savers dealt with by the financial Ombudsman rose almost 50% last year, with most gripes linked to recommendations to invest in unregulated investment schemes, according to a report....

clock 19 May 2014 •
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