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The Financial Conduct Authority (FCA) has banned two men from working in the industry for orchestrating unsuitable self-invested personal pension (SIPP) switches.
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.
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.
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.
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.
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.
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...
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.
Pension liberation fraudsters are targeting savers following the overhaul of defined contribution (DC) announced in this year's Budget, JLT executive Margaret Snowdon says.