The government has now released the details (17/11/21) of the proposed cap on care costs at £86,000. The new policy was launched a few months ago with a fanfare about protecting the elderly from the increasing costs of care and the introduction of the new increase in National Insurance to fund social care. But it […]
Good news for consumers, the governments new rules for pension trustees come into force on 30th November. Under the new rules trustees will be able to block pension transfers if they believe that the transfer may be part of a scam. A number of so called “flags” have been established to set out operating guidelines. […]
It seems that news about crypto and cryptocurrencies won’t go away. On the authorities side the stories are usually at best precautionary and most likely outright hostile. On the customer side, the opposite is true. Stories abound of massive gains and the ability to make a quick buck. So, what’s the truth? A recent article […]
Not here at CCFPS it isn’t! The majority of our clients both existing and new clients are delighted that our face-to-face advice service is back up and running (and has been for most of the year). Whilst some are happy to also be able discuss matters over the phone or via Zoom. However, this seems […]
For years Final Salary pensions were the norm in both the private and public sectors. But things started to change back in the late 90’s as successive governments started to raid pension schemes for tax revenues. As a result, private sector Final Salary lump sum pension schemes quickly started to close down to new members. […]
Could the broken promise of the pension triple lock be saved at the last minute? Former government pensions minister Baroness Altmann is hoping so. Yesterday (2/11) she asked the Lords to vote against the legislation. Altmann says that MPs were “misled” in parliament when the government “spun” the effects of the cost of the triple […]
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