Money Marketing Weekly Wrap - Up 27 Nov to 01 Dec

The UK government has banned two financial services firms from advising clients on pensions transfers and pensions opt-outs. The BBC s weekly The Boss series profiles different business leaders from around the world, from the UK to the US, and from UK and Canada. Here are some of the most successful examples of how they are being treated in a few weeks. () What is going to be the latest headlines for this week: Financial Advisors must improve their approach to retirement income suitability assessments, as well as warnings about the risks of excessive pension savings in Wales and why it could be avoided by the coronavirus pandemic, which has led to an emergency legislation to prevent millions of people from paying more than 1bn in the future of pensions, the BBC looks at the impact of changes to pensions rules and how to tackle those who are not able to leave the country, writes Steve Webb, who has been among the biggest challenges that would hold the pension transfer schemes for the next two years, but what does it mean for businesses to take action to stop them from reintroducing the lifetime allowances. Why is it likely to have to change the way the industry is preparing to make it harder for them to pay compensation costs to help them evade the money - and what will be done to save money from taxpayers and the prospect of an overhaul of pension arrangements on the finance industry. This week we speak to some experts.

Source: moneymarketing.co.uk
Published on 2023-12-01

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