Guy Opperman MP, one of the longest serving Pensions Ministers in recent times, has returned to the Department for Work and Pensions although the pensions portfolio he held has yet to be allocated. The last person to hold the Pensions Minister portfolio was Alex Burghart MP who has now moved to be Parliamentary Under Secretary of State for […]
Archives for 2022
How document packs helps this UK advisor stay ahead of the curve
In our One Step research, we found that small business owners who adopt new technologies enjoy on average 106% higher productivity than those who fall behind the tech adoption curve. It’s something that Andy Housley of Square 1 Accounting in the UK can personally attest to. Here, Andy shares why he’s passionate about staying up […]
FSCS declares SIPP adviser in default
The FSCS has declared in default a Hull-based financial adviser which provided SIPP and investment advice. The firm, Solutions Financial Services (UK) Ltd, was dissolved five years ago and is the latest in a string of SIPPs and pensions advisers to have been declared as failed by the compensations scheme. The FSCS said that there […]
XSBI data shows global trend in small business sales
Small businesses have survived – and continue to face – a myriad of challenges from a global pandemic, supply chain disruptions, and now impacts of inflation and the rising cost of living. I am constantly impressed by the resilience and adaptability of small businesses as they navigate new challenges and identify opportunities. Through our latest […]
Ask an advisor: I have terminal cancer. What does that mean for my Social Security?
PFS warns members after CII cyber attack
The Chartered Insurance Institute and its sister professional body for Financial Planners, the Personal Finance Society, have been hit by a cyber attack which has seen some members’ data accessed. The CII, which holds members data on its servers for the CII and PFS, said that a “limited amount” of personal data was accessed. The […]
PFS warns members after CII cyber attack
The Chartered Insurance Institute and its sister professional body for Financial Planners, the Personal Finance Society, have been hit by a cyber attack which has seen some members’ data accessed. The CII, which holds members data on its servers for the CII and PFS, said that a “limited amount” of personal data was accessed. The […]
Southeast Financial Planner makes first acquisition
Kent-based Financial Planning firm GSI Group has made its first acquisition with a deal to buy a Hampshire adviser. GSI will acquire Oakfield Financial Consultants for an undisclosed sum as part of its aim to reach £1bn in funds under management and advice. Oakfield has offices in Hampshire and provides a range of services including […]
Fidelity on track to hire 16,000 this year, offers free tuition as perk
Why The Value Of A Roth Conversion Is Calculated Using (True) Marginal Tax Rates
Roth conversions are, in essence, a way to pay income taxes on pre-tax retirement funds in exchange for future tax-free growth and withdrawals. The decision of whether or not to convert pre-tax assets to Roth is, on its surface, a simple one: If the assets in question would be taxed at a lower rate by […]