Fixed Income in the News
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Aegon warns proposed complex changes to pension projections in dashboards could damage consumer engagement
The Financial Reporting Council (FRC) is consulting on changes to pension projections to create more consistency once pension dashboards go live. Aegon…
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A million pensioners may miss out on cost of living benefit because they don’t claim pension credits
Yesterday’s cost of living support announcement by Chancellor Sunak means the introduction of a new, one-off £650 payment to more than 8 million…
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Friday newspaper round-up: BP, Elon Musk, Missguided, EY
BP has said it will review its investments in the North Sea after the government unveiled a windfall tax on oil and…
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Fidelity International partners with Canadian FinTech to launch ‘Conquest Planning’ software to the UK advice market
Fidelity International has partnered with Canadian FinTech company, Conquest, as the exclusive distributor of its financial planning software, ‘Conquest Planning’ to the UK independent…
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Investors missed out on £1 billion in compensation due to £85,000 FSCS cap
Savers and investors have been undercompensated to the tune of £1 billion over the last 6 years as a result of the…
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“New pension projection rules could generate ‘perverse and unrealistic’ results which could confuse the public” – LCP
Proposed new rules on how pension pots should be projected to retirement could lead to ‘perverse’ results, according to consultants LCP. The…
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Thursday newspaper round-up: Twitter, Newport Wafer Fab, Heathrow runway
Elon Musk has secured additional funding to purchase Twitter, according to financial filings made public on Wednesday, moving the billionaire closer to…
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Treasury to unveil emergency aid to tackle soaring energy bills
The Chancellor Rishi Sunak is poised to unveil a £10bn package of emergency support to help households struggling with soaring energy bills,…
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Claire Altman comments on the latest briefing note from the Pensions Policy Institute: Set for life? – Guaranteed incomes in retirement
Claire Altman, Managing Director of Individual Retirement at Standard Life comments: “Annuities were once the dominant retirement income option, but as today’s…
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The estate planning opportunity in 2022
Jessica Franks, Head of Retail Investment Products, Octopus Investments Soaring inflation combined with frozen tax allowances is having a significant impact on…
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