The Mail on Sunday’s Personal Finance editor Jeff Prestridge suggests a move to a flat rate of pension tax relief of 30%. Politicians do often heed to the opinions of influential journalists. It would be interesting to be a fly on the wall at the Treasury to hear their reaction.
Last week, as we reported, there was much speculation that the next Budget would address inter-generational unfairness perhaps by using tax relief to cut taxes for younger people.
The FCA used financial advisers to test robo-advisers FTAdviser reports. But will it ever use robo-advisers to test IFAs? Heaven forbid!
More robots! LV is to deploy AI into its robo-para-planner as part of a big upgrade.
Foster Denovo has bought employee benefits consultancy TEBC.
Reports on the FCA Financial Lives Study concentrated on vulnerabilities of consumers to debt and the lack of pension provision among some 50 somethings. It is, of course, a very useful study of 13,000 people for anyone setting up a business as well.
A former SJP adviser is jailed for gambling with clients’ money.
Martin Lewis wins a claim against a PPI provider which used his image without permission.
AdviserBook nears launch as a rival to Unbiased and Vouchedfor. Don't mess with the moneysavingexpert.
Standard Life’s 1825 buys Bristol IFA Fraser Heath.
Nucleus and Phil Young issue a ten point checklist for MiFID II. This looks like a valiant attempt to explain a reform that is little understood. It doesn’t directly affect most advisers for most of their business but has also exposed how tricky change can be when it is – mostly shepherded by the EU in this case the European Securities and Markets Authority and not directly by the FCA.
The implementation date is Janaury 3rd.Back to News