The government has been urged to allow Lifetime ISA (LISA) savers to use their pots to pay for financial advice, putting the product on par with pensions and other ISAs.
The LISA, which launches to the public on 6 April, currently classifies adviser charge as a chargeable withdrawal, meaning savers will incur a 25% penalty if they access their savings for this reason....
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.