It looks like more bad news for younger workers. A recent financial study from the International Longevity Centre (ILC) has calculated that the state pension age will need to rise to 70 years old, sooner rather than later. The state pension bill is currently £100 billion a year which has trebled over the last 20 […]
Hot on the heels of the latest news about the regulation of cryptocurrency advertising, the FCA has announced (18th January 21) that it will be launching a consultation paper to strengthen the rules around the promotion of high-risk investments. This is part of the FCA’s wider Consumer Investments Strategy, which was published in September 2021. […]
HMRC has recently started sending out so called “nudge” letters to owners of cryptocurrencies in the UK, notifying them that they expect them to declare and pay tax on any gains. It seems that UK based crypto trading exchanges hold details of the exchanges and HMRC is accessing details from these exchanges to build their […]
The Department of Work and Pensions Committee has announced that it has commissioned a new report “Protecting Pension Savers…” to look in detail at the issues affecting pensions since the introduction of pension freedoms back in 2015. The Committee has said that the report will look into a number of key areas which it is […]
Read More… from Government to look at improvements to the advice process
Research by LCP has found that ISA savers stand to lose out to the tune of over £1,000 each as a result of rising inflation. Looking at the latest savings figures for 2019, LCP found that there were 3.4 million pensioners who were holding over £87 billion in cash ISA’s which paid little or no […]
What do people really want? LV have just released the findings of their Wellbeing survey conducted in December, which asked 4,000 adults about their advice experiences. The findings might surprise a few people, but not us. The survey found that: 30% preferred to see their adviser face to face in the Office, compared with 28% […]
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