Industry
Pension committee urges UK regulator to ban contingent charges
But the FCA said more work needs to be done before it can intervene
UK taxman collected record £5.4bn from IHT last year
Financial advice firm finds HMRC receipts have risen rapidly since 2014-15
UK wealth management firm rolls out direct-to-consumer app
Lighthouse clients will initially also have access to the app at least until its acquisition by Quilter is finalised
Manulife unveils deferred annuity policy in Hong Kong
Firm sees a ‘rise in public interest’ in these types of products for use as a retirement planning tool
UK platforms failing to provide income to retirees
‘Customers are being hampered by inflexible and infrequent payments and a lack of innovation’