“Rising SIPP claims push FSCS levy to £635m”

Jan 28, 2020 | Pensions

Tags: FSCS, SIPP

We’ve just had a bill for several £000s from the Financial Services Compensation Scheme. Not because we’ve done anything for which anyone’s had to be compensated. No, because people have been conned into dodgy investments by companies which have disappeared; so we have to cough up to bail them out. Or, ultimately, our clients do, because it all comes out of the fees we have to charge for our not-so-dodgy advice. Doesn’t seem fair to me; but I guess that’s socialism for you. 

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“Why you should never retire”

“Why you should never retire”

On my 50th birthday, I will always remember, amongst the card or two I received was a letter from Saga’ who’d managed to find out my age through the wonder of the internet, and were pleased to tell me I now qualified to join my parents and go on holiday with them.

“National insurance cut raises questions over state pension funding”

“National insurance cut raises questions over state pension funding”

In an election year, all parties will try to be all things to all men. Mostly, it’s only stuff which matters ‘on the doorstep’ which matters. In isolation, Mrs Miggins (not my invention) will be delighted that her pension has gone up with the highest measure of inflation; and no one running a business will be complaining that National Insurance has been reduced.