HMRC collects £9m in penalties for early Lifetime Isa access
Exit charge is ‘trying to drive the right behaviours’ but damages the brand of the savings vehicle
Exit charge is ‘trying to drive the right behaviours’ but damages the brand of the savings vehicle
And collective defined contribution schemes in Queen’s Speech
Chance to buy firm run by first ever PFS president, Brian Steeples, ‘doesn’t come along every day’
Insurer hires former Zurich Emea head of operations as CEO, while FCA chief to lead Bank of England
With number of insurers in the space largely contracted
UK wealth manager Kingswood believes the trend towards alternatives will continue
Total cost to the client will be capped at no more than 1.5%-1.95%
As current policies only fully cover the needs of 18% of UK population, one insurer claims
But a law firm flags worrying drop in how often it was used in 2018/19
As Fairstone Group completes its eighth M&A deal of the year
Main area of claims is in relation to pensions, says Financial Services Compensation Scheme
One firm argues it fuels a culture of ‘complacency and inefficiency’ – but not everyone agrees