3+ day, 13+ hour ago   (628+ words) Isas should be among the simplest and most trusted savings vehicles in the UK. Yet successive reforms are making the landscape harder for clients to understand and for advisers and providers to administer. From 6 April 2027, the Cash Isa subscription limit…...

6+ day, 13+ hour ago   (816+ words) Standard Life eyes IHT advice push as retail inflows rise Standard Life is preparing to expand its advice proposition into inheritance tax planning as the group reported higher retail inflows and a sharp rise in profits from its pensions and…...

6+ day, 14+ hour ago   (409+ words) People aged 75 and over withdrew £1.4bn in lump sums from private pensions in the latest year for which data is available, according to Lubbock Fine Wealth Management. The figure was up 35% from £1bn in the previous year, while the number of over…...

1+ week, 3+ day ago   (359+ words) The FCA has decided to ban financial adviser Daniel Thomas from working in financial services and fine him £742,700 after finding he recklessly provided defined benefit pension transfer advice without the required qualifications or permissions. Thomas, a former director and financial…...

1+ week, 4+ day ago   (1139+ words) Deferring the state pension is one of those decisions that sounds simple but is rarely straightforward in practice. Clients often hear that delaying their claim means a bigger pension for life and assume that must be a good outcome. Sometimes…...

1+ week, 4+ day ago   (873+ words) Budget speculation risks pushing clients into costly mistakes Advisers could face a surge in clients looking to make potentially damaging financial decisions ahead of the Budget as speculation over possible tax rises intensifies, AJ Bell has warned. The investment platform…...

1+ week, 5+ day ago   (381+ words) More than one million pensioners are now paying income tax at 40% or more, up from 494,000 five years ago, new figures obtained by LCP show. A Freedom of Information request submitted by LCP partner Steve Webb revealed that the number of…...

1+ week, 5+ day ago   (683+ words) More than 1m pensioners now paying 40% or more in tax More than one million pensioners are now paying income tax at 40% or more, up from 494,000 five years ago, new figures obtained by LCP show. A Freedom of Information request submitted by…...

2+ week, 4+ day ago   (683+ words) Aegon pension app consolidates £250m in savings as user numbers surge UK savers have consolidated over £250m in savings through Aegon’s pension app Mylo, which encourages pension scheme members to take control of their finances. Mylo enables members to track and consolidate…...

2+ week, 4+ day ago   (294+ words) UK savers have consolidated over £250m in savings through Aegon’s pension app Mylo, which encourages pension scheme members to take control of their finances. Mylo enables members to track and consolidate lost and forgotten pensions. Aegon will continue to invest in…...