The Consumer Price Index (CPI) rose to 1.6% in December on the back of falls in sterling following the Brexit vote, its highest level in two years.
The Office for National Statistics (ONS) announced the annual inflation rate had risen from 1.2% in November 2016, partly due to recent rises in producer prices being passed onto consumers. While the...
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.