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Telegraph.co.ukWatchdog to ban penalties for savers accessing pensionsTelegraph.co.ukIn a detailed proposal published today, the FCA said new personal pensions and work pensions should not be allowed to apply any penalties to savers who want to access the money in their pension pot after age 55. It said penalties for existing savers ...and more »
Belfast TelegraphUlster Bank selling £2bn in distressed loans to vulture funds in bid to offload debtBelfast TelegraphThese hedge funds are not banks. "(Hedge funds) do not provide facilities or overdrafts. They are interested in how they are going to pay back the loan. It's pretty disastrous." David Hall of the Irish Mortgage Holders' Organisation said the Ulster ...and more »
Money MarketingFOS upholds half of pension advice complaintsMoney MarketingCash-Wallet-Consumer-Retail-Shopping-700x450.jpg The Financial Ombudsman Service upheld 51 per cent of complaints relating to pension advice given by advisers and 43 per cent of complaints about investment advice, according to its 2015/16 annual ...and more »
Saga Magazine NewsEurope: your questions answeredSaga Magazine NewsIt means less money to pay people's pensions. It means less confidence and stability in our economy. For our pensioners, that means less security. That's why a vote to leave is a vote for risk. Matthew Elliott: British pensioners do not have to be ...and more »
This is MoneySIMON LAMBERT: Is it still worth paying off your mortgage as soon as you can?This is MoneyThe idea was that while you might have traditionally taken out a 25-year mortgage, the wise thing to do was overpay and get it cleared as soon as possible. This delivered a double benefit of cutting interest charges and removing your biggest single ...
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