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Why coronavirus will change the advice profession forever

As the Covid-19 pandemic continues and the country adapts to new ways of living and working, Tim Sargisson explores what this will mean for the advice profession...

Steve Webb urges govt to relax pension rules post-crisis to help savers

Lane Clark & Peacock partner Steve Webb has called on theTtreasury to relax rules which could act as a barrier to people aiming to rebuild their pension pots when the Covid-19 crisis is over.

Pandemic forces FCA to request financial disclosures delay

The “unprecedented events” surrounding the coronavirus pandemic have forced the Financial Conduct Authority (FCA) to request that companies delay the publication of preliminary financial statements, many of which were due over the coming days.

Andrew Tully: Tapered annual allowance change is ‘sticking plaster solution’

Andrew Tully explains the Chancellor's tapered annual allowance changes and asks if the solution is just papering over the cracks

FCA moves to delay consultation responses amid coronavirus outbreak

The Financial Conduct Authority (FCA) has said it will extend the closing date for ongoing consultations and calls for input amid the coronavirus outbreak.

Budget 2020 reactions: Chancellor ‘tore up fiscal rulebook’

In his first Budget, Chancellor of the Exchequer Rishi Sunak “tore up the fiscal rulebook” and delivered a potentially “trend-setting” Budget, according to industry commentators.

Budget 2020: What are the 10 key takeaways?

Budget 2020: What are the 10 key takeaways? Professional Adviser and Investment Week report

Quilter sets aside £12m to cover Lighthouse BSPS DB transfer claims

Quilter has set aside £12m to cover redress payments to British Steel workers advised to transfer out of their defined benefit (DB) pensions scheme by Lighthouse Group, its annual results revealed.

‘Regulatory inhibition’ stifling workplace pension advice

Retirement experts have highlighted a high proportion of investors are making “poor decisions based on poor advice” and a reluctance among firms to provide advice on pensions.

PFS asks Chancellor for FAMR II

The Personal Finance Society (PFS) has written to the Chancellor calling for a second Financial Advice Market Review (FAMR).
 

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New delay for contingent charging ban decision

The Financial Conduct Authority (FCA) has postponed its decision on whether to ban contingent charging on defined benefit (DB) transfers by up to six months.