Pension
Aussie regulator eyes penalty for investment firm
Regarding potentially misleading superannuation default products
Inheritance tax untouched by UK chancellor
But budget sees £90,000 increase in tapered annual allowance
Fraud costs pensions industry around £6bn a year
Sector must ‘better protect the fruits of peoples’ labour’ rather than fund retirement for fraudsters
Platform launches digital Sipp with 0.6% annual fee
It has been designed to help people take saving for retirement into their own hands
Over 1.5 million Brits aged 55-64 have no private pension
UK is ‘chronically under-saving’ and figures reveal a ‘worrying hole’ in nation’s preparations