HMRC grabs over £400m extra from pension freedom users
UK taxman forced to repay over £30m in Q4 2018, showing little improvement has been made
UK taxman forced to repay over £30m in Q4 2018, showing little improvement has been made
Torrid markets in 2018 saw the FTSE100 down 12% and most funds delivering negative returns
Share price jumps almost 80% since IPO
Standard Life Investments and LGIM around 10 basis points cheaper
Lindsell Train was the only fund in the sector to deliver positive returns in 2018
UK companies may face fines of up to £500,000 but overseas firms are exempt from the ban
Industry split as contingent charging likened to commission
AJ Bell boss calls for more disclosure, guidance, transparency and the removal of a ban
Almost £80bn transferred since the launch of the pension freedoms in April 2015
The popularity of the UK’s pension freedoms is showing no signs of slowing, with almost £20bn ($26.2bn, €22.4bn) having now been flexibly accessed since the reforms launched in April 2015, according to the latest figures from HM Revenue & Customs.
AJ Bell and Seneca are among investment managers shedding bonds as rate hikes loom, but others are concerned alternative assets present new sources of risk.
Scammers are showing an increased appetite for ripping off unsuspecting UK consumers after £51m was stolen in the first three months of 2018/19, figures from the City of London Police reveal.