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Pensioners planning to sell on the right to regular annuity payments to a third party could be required to seek independent financial advice before doing so, under plans put forward by the UK government. 20 Mar 2015
Plans to allow UK pensioners more freedom to buy and sell existing annuity contracts will be published alongside Wednesday's Budget, the chancellor of the exchequer has confirmed. 17 Mar 2015
On 28 March 2014, the Financial Conduct Authority (FCA) published a policy statement “PS14/5: Mutuality and with-profits funds: a way forward”.
This guide is based on the law of England and Wales. It was last updated in January 2013.
This guide is subject to UK law and was last updated in March 2012.
This guide is subject to UK law and was last updated in October 2011 . A recent report on the funding of social care recommends individuals should be required to contribute no more than £35,000 towards the costs of their own care in old age.
This guide is subject to UK law and was last updated on 26th January 2011. The Government wants to encourage the development of a range of simple financial products for the mass market that "do wha...
This guide is subject to UK law and was last updated on 20th July 2010. With-profits funds are being managed without sufficient independent challenge from with-profits committees and firms are...
Large UK insurers that hope to be subject to less stringent capital requirements which come into force across the EU from the start of next year should be finalising applications now, an expert has said. 05 Mar 2015
The UK's City watchdog has issued new finalised guidance on what it considers to constitute the provision of regulated retail investment advice and personal recommendations. 22 Jan 2015
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