The British Medical Association has called for urgent reform of the NHS pension scheme suggesting that the current taxation rules have created a perfect storm encouraging doctors to retire early.
However, the Chancellor of the Exchequer Philip Hammond has told MPs that pension allowances are an effective way to get high earners to pay tax.
The big question is whether requiring doctors to pay more tax is worth the risk that they will leave the NHS.
FOS has ordered an IFA to pay compensation to five clients because of unsuitable pensions advice.
AJ Bell’s Tom Selby suggests it is pretty unlikely that the WASPI women will succeed in their court challenge.
Sanlam buys Thesis Asset Management.
Pensioner reliance on state benefits hits the highest level in three decades.
Andy Briggs steps down as Aviva CEO. Mortgage Strategy charts the rise and fall of interest rates in the UK since 1979, a much read article.
SJP’s Tony Mudd, having criticised providers in the past, says it is advisers who are stifling protection innovation.
