Pensions complaints overhaul
The Pensions Advisory Service’s dispute resolution function is moving to the Pension Ombudsman in the interest of better outcomes form a simplified customer journey. Customers will now be able to access all pension dispute resolutions, whether pre- or post-IDRP, in one place. The intention is to create a smoother journey and improved complaint handling for customers which will mean the time taken for complaints to be resolved will be halved.
Last year saw the conclusion of a 10-year wager between Warren Buffett, chairman of Berkshire Hathaway Inc., and Ted Seides, a New York hedge fund consultant. Seides responded to a public challenge issued by Buffett in 2007 regarding the merits of hedge funds relative to low-cost passive vehicles. The two men agreed to bet $1 million on the outcome of their respective investment strategies over the 10-year period from January 1, 2008, through December 31, 2017. Buffett select
There will be no Spring Budget this March, but that does not mean the Chancellor is staying silent. On 13 March, the Chancellor will present a Spring Statement to the House of Commons, not a Budget. The next Budget should be in the autumn, probably November. The rationale for the revised schedule is to give more time to develop legislation and avoid the situation of changes taking effect from 6 April, but not reaching the statute book until three months or more later. This pr
This is the time of year to review your pension contributions. February and March are rightly popular times for reviewing and making pension contributions. By this stage you should have a good idea of what your income for the tax year will be and how much you may be able to contribute as a one-off payment before 6 April arrives. In this tax year, there are several changes to note: Thursday 5 April will be the last day on which you can make a contribution to mop up any unused
Nine Experts and Three Surprises – Making Predictions In 2017, we were again reminded of the importance of following an investment approach based on discipline and diversification vs. prediction and timing. As we gear up for the new year, we can look at several examples during 2017 that provide perspective on what guidance investors may want to follow, or not follow, in order to achieve the long-term return, the capital markets offer. NINE EXPERTS Each January, a well-known A