The big auto-enrolment review has been published with plans to extent it to 18 years hitting the headlines though not for seven years. There is no decision on increasing contributions. The Secretary of State of Work and Pensions David Gauke writes about the reform in the Guardian.
There is some criticism of the change around the market – Citywire goes to far as to suggest that the lack of action on the self-employed comes close to breaking the spirit of the manifesto.
Elsewhere Informed Choice’s Nick Bamford relates a tale of a client seeking a genuinely fee-based adviser, previously put off other advisers who were charging contingent fees. If only there were more of them!
Old Mutual Global Investors chief executive Richard Buxton plans to buy out the single strategy funds business with backing from TA Associates, the group which backed the Jupiter buy-out ten years ago.
Technology expert Ian McKenna says that the pension dashboard is heading for a disaster. Harsh words have been exchanged with the ABI.
There are warnings that tax relief on pensions will be complicated by the moves by the Scottish government to vary the income tax bands in Scotland. Will some Scots on 21% tax bother to claim the additional 1% for example?
Ovation finance founder Chris Budd discusses the difference between coaching and financial planning.
Financial Adviser suggests that Bitcoin investors could face a tax shock. One wonders if that is the least of their worries.
The FCA has reviewed at least half the transfers out of the British Steel Pension Fund, Megan Butler, the FCA’s head of supervision Megan Butler has revealed.
Three more IFA firms have agreed to cease pension transfer business related to BSPF.
Moving house has never been more expensive warns website warns Reallymoving.com which says the average cost is £7,381.
MiFID II will help spell out who carries the can between advisers and DFMs if something goes wrong with such arrangements says research group PortfolioMetrix.
Founder Michael Whitfield is stepping down from Thomsons Online Benefits.