Advisers have been warned about a post LTA abolition tax trap related to tax free cash.
New certificates were highlighted in HMRC's latest lifetime allowance guidance newsletter published on February 13. They will become relevant after the abolition of the LTA, which will introduce a cap on the amount people can take from their pensions tax free - typically £268,275 unless certain protections are in place.
Nucleus’ Andy Tully gives the alert in the story.
The Personal Finance Society (PFS) has launched the Proficiency+ Consumer Duty competency diagnostic tool, aimed at enabling firms to pinpoint training needs in light of the duty.
Sesame Bankhall’s CEO Richard Harisson offers the view that an adviser's job is the hardest it has been in a decade.
Former adviser Kerry Nelson has been declared bankrupt.
Compliance expert, Adam Samuel, releases a pocket-sized guide to compliance for financial professionals, as IFA Magazine reports.
Elite Investors continue to back Centrica’s transformation after it loses much of the momentum from its post pandemic boost, reports NMA.
