The Financial Conduct Authority has appointed six new senior directors and added 500 new staff since the beginning of the year. The news comes as the Unite trade union, currently involved in a dispute with the FCA, has claimed that 1,000 staff have left the FCA since Nikhil Rathi took over as CEO in […]
Barclays UK CEO to chair MAPS advisory group
The CEO of Barclays UK, Matt Hammerstein, has become the new chairman of the Money and Pensions Service’s Advisory Group, taking over from Vim Maru, who steps down after two years in the role. The Advisory Group was established in May 2020 and ensures that MAPS – the government-backed personal finance guidance body – […]
Barclays UK CEO to chair MAPS advisory group
The CEO of Barclays UK, Matt Hammerstein, has become the new chairman of the Money and Pensions Service’s Advisory Group, taking over from Vim Maru, who steps down after two years in the role. The Advisory Group was established in May 2020 and ensures that MAPS – the government-backed personal finance guidance body – […]
Warning over under-35s having ‘too many’ pensions
Over a quarter of younger people (28%) aged under-35 have three or more pensions, according to research by Hargreaves Lansdown which warns that some could lose track of their retirement goals. A survey of 1,000 people carried out for HL by Opinium in April found that 35% of the under 35s already have three or more […]
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Editor’s Comment: Thank you Mr Sunak
The Chancellor has inadvertently gifted Financial Planners an almost unending stream of frazzled new clients by freezing the tax thresholds, if the latest HMRC data and some fresh predictions on the number of higher rate taxpayers are anything to go by. It’s worth looking back first and I can recall some years ago regularly […]
Editor’s Comment: Thank you Mr Sunak
The Chancellor has inadvertently gifted Financial Planners an almost unending stream of frazzled new clients by freezing the tax thresholds, if the latest HMRC data and some fresh predictions on the number of higher rate taxpayers are anything to go by. It’s worth looking back first and I can recall some years ago regularly […]