Tax & Regulation
Two IFA firms fail
They also provided pension transfer advice to British Steel members
Frozen thresholds see UK IHT take double in a decade
Latest figures show receipts hit £1.8bn in last three months
FCA slammed over plethora of failures in British Steel scandal
It has ‘consistently been behind the curve in responding to unsuitable pension transfer advice’
US insurer to pay $50m for misleading annuity clients
Regulator finds firm gave ‘false impression’ that quarterly statements listed all fees
Take-up of pension advice and guidance ‘going backwards’
FCA data shows 40% of decumulation products were bought by DIY savers