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News

Pensions

RP readers get 10% discount on Henry Stewart retirement conference

Retirement Planner readers can claim an exclusive 10% discount on the upcoming Henry Stewart Pensions Planning for the Individual: An Update Conference.

clock 17 April 2014 •

Pensions

FCA bans advisers for pushing 2,000 clients into 'unsuitable SIPPs'

The Financial Conduct Authority (FCA) has banned two men from working in the industry for orchestrating unsuitable self-invested personal pension (SIPP) switches.

clock 17 April 2014 •

Equities

Co-op posts £2.5bn loss after 'disastrous' year

The Co-operative group has reported a record loss for the bank of £2.5bn after a "disastrous year" during which its banking division and the wider group came close to collapse.

clock 17 April 2014 •

Income

PFS backs flat-fee advice for Osborne's pensions revolution

The Personal Finance Society (PFS) has outlined a proposal for a flat fee model which would help regulated advisers deliver pensions advice to a larger audience, following the unexpected changes announced at Budget 2014.

clock 17 April 2014 •

Wrap/platforms

HMRC issues new rebate tax guidance after raft of enquiries

HM Revenue and Customs (HMRC) has issued fresh guidance on its decision to tax unit rebates after receiving a number of queries from fund groups and platforms.

clock 17 April 2014 •

Equities

Tech rout continues as Google falls on weak earnings

Google shares moved sharply lower in after-hours trading following a disappointing update, with the negative sentiment that has blighted the sector showing no sign of abating.

clock 17 April 2014 •

Income

Most retirees will struggle to resist urge to splurge pot - survey

Most people think savers will find it difficult to resist the urge to spend money earmarked for living costs in retirement when they are allowed to take pension pots as cash, research suggests.

clock 17 April 2014 •

Income

Retirees to be told life expectancy as part of Budget 'guidance'

Retirees receiving financial 'guidance' via the government's 'right-to-advice' promise outlined at Budget 2014 will also be told how long they are likely to live to help inform their decision about what to do with their retirement savings, Steve Webb...

clock 17 April 2014 •

Income

Steve Webb calls for flat rate 30% tax relief

Steve Webb has called for an overhaul of tax relief on pension contributions that would see a flat 30% rate introduced and the lifetime allowance axed.

clock 16 April 2014 •

Pensions

Pension liberation fraudsters 'exploiting Budget to target savers'

Pension liberation fraudsters are targeting savers following the overhaul of defined contribution (DC) announced in this year's Budget, JLT executive Margaret Snowdon says.

clock 16 April 2014 •
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