News

The Equity Release Council is supporting proposals for a means-tested winter fuel allowance to boost long-term care funding.

The Department for Work and Pensions (DWP) will not legislate on ‘micro pot' refunds, despite industry warnings that pension schemes will be forced to administer thousands of tiny pots.

QUIZ CHAMPION

Winter fuel benefit should be means tested to meet the long-term care ‘time bomb', according to a Liberal Democrat MP.

Benchmark ten-year gilt yields have moved back above 2% for the first time since last May as the equity rally is mirrored by a sell-off in core government bonds.

The Institute of Financial Planning (IFP) has changed its certified financial planner (CFP) certification process by adding a written examination to the existing case study component.

People nearing retirement who are carrying around extra weight could potentially make a few extra pounds, according to Just Retirement.

A pair of MPs have criticised the decision to award a knighthood to Hector Sants, the former chief executive of the Financial Services Authority (FSA).

Making the winter fuel allowance a means-tested benefit to help fund long-term care would discourage people from saving and worsen the pension credit crisis in future, a commentator has said.

The price of the average UK home fell 1% in 2012, figures published by Nationwide show.