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Archives for November 2013

Pension Cap Will Cost Savers

uk money

The DWP consultation on pension charging ended on Thursday 28 November 2013, the Government has proposed a pensions cap at 0.75%.

Legal & General believes the proposed cap will be ineffective in driving down costs, and not tackle the big problem of legacy pension schemes where savers could be getting a poor deal. [Read more…]

Lending Scheme Hits Three-Year High

UK Finance

Small and medium-sized enterprises (SMEs) are increasingly able to secure bank loans supported by a Government-backed scheme, as lending under the scheme reached its highest level since 2010. [Read more…]