St James’s Place CEO Andrew Croft is to receive a basic pay rise increase of nearly £30,000 per annum after his pay package fell last year when the firm suffered a drop in Funds Under Management. His base pay will rise this month from £590,947 to £620,494, up 5%, according to the wealth manager’s Annual Report […]

Pension savers have won more time to make voluntary National Insurance contributions to fill gaps in their National Insurance records and boost their State Pensions. The deadline to top up missing NI contributions has been extended from 5 April to 31 July. The government says the move will give thousands of taxpayers more time to fill […]

Expanding Financial Planner and wealth manager Fairstone has acquired £200m FUM Lincolnshire Chartered Planner firm MT Financial Management. The deal, for an undisclosed sum, is the second for Fairstone this year. MT principal Trevor Wilshire said the deal would ensure the long-term future of his firm. MT was set up 25 years ago and focuses […]

There is no getting away from the fact that the plans to launch Pensions Dashboards are in trouble with news this week that the Pensions Minister Laura Trott has stepped in to “reset” the timetable. It’s not clear what’s gone wrong but it’s a fair bet that the aim of the first test connections to […]

  In a surprise move today, the Government has backed a Private Members’ Bill which will extend auto-enrolment (AE) pensions to millions more younger people and low earners. If approved by Parliament, which now seems likely with government backing, the minimum age of AE enrolment will be lowered from 22 to 18. In addition the […]