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News

Investment

One in five will retire in debt this year

Nearly one in five of those planning to retire this year will have debts averaging £31,200, according to Prudential.

clock 23 January 2013 •

Wrap/platforms

HMRC may tax platform rebates in latest crackdown

HM Revenue and Customs (HMRC) is considering taxing fund rebates paid by platforms to consumers in the latest crackdown on the payments.

clock 22 January 2013 •

Alternative Investments

VCT flows could halve if caught by UCIS ban - AIC

The Association of Investment Companies (AIC) has warned venture capital trust (VCT) fundraising will halve next year, if the vehicles are not granted an exemption from the Financial Services Authority's (FSA's) sales ban on unregulated collective investment...

clock 22 January 2013 • 2 min read

Economics / Markets

King hints at inflation target upheaval

The outgoing governor of the Bank of England (BoE), Mervyn King, has said it may be time to review the UK's inflation target, but rejected a suggestion by his successor that central bankers should abandon inflation targeting altogether in times of economic...

clock 22 January 2013 •

Income

RP Poll: Increase in maximum income in capped drawdown

In this week's quick fire RP poll we asked: Will your capped drawdown clients make use of the increase in maximum income when it comes into force in March?

clock 22 January 2013 •

Pensions

Three things we learned this week

Retirement Planner's round-up of the week's top pension stories.

clock 22 January 2013 •

Investment

1 Stop Financial Services cancels permissions

Pembrokeshire-based 1 Stop Financial Services has cancelled its permissions to carry on regulated activities and closed to new business.

clock 22 January 2013 •

Alternative Investments

No accounts for Harlequin Property resort since 2005

One of the main hotel resorts which received investment from overseas property firm Harlequin Property has not filed accounts for seven years.

clock 22 January 2013 •

Investment

So what do consumers use the MAS for?

The Money Advice Service (MAS) has been much-maligned since its launch in April 2011, but consumers are making use of it in the way it was designed - to get free, impartial guidance on their finances. Here we break down the topics consumers go to the...

clock 22 January 2013 •

Regulation

Advice industry could see MAS fees cut 94%

Advisory businesses will see a marked reduction in the amount they contribute to the Money Advice Service (MAS) in 2013/14 if proposed changes to the way it is funded are approved.

clock 22 January 2013 •
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