Retirement
At least 21 pension transfer firms operated without PI cover
FCA director of life insurance and financial advice warns the regulator is taking ‘very strict lines’
Top UK earners fail to claim over £750m tax relief every year
‘Whole pension tax relief system a bloated expensive mess, riddled with problems and inconsistencies’
Changes to Portugal tax rate will ‘strengthen’ its expat appeal
Still opportunities and benefits despite uplift of pension tax to 10% from zero
Will contingent charging ban limit access to advice?
Only 46% of UK advisers believe the FCA’s ‘abridged’ proposal will be effective
FCA must ‘act quicker’ against phoenixing firms
Momentum boss flags ‘staggering’ adviser fragmentation but says fees could rebound in 2020