Accessing Pension Pots Early Has Become ‘The New Norm’ (UK)

Finance and Legal
14/07/2017 ‘Lack of public trust in pensions’* is a factor behind the withdrawal of around £11bn from one million pension pots since the new ‘pension freedoms’ were introduced in April 2015, reveals the Financial Conduct Authority in an interim report
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Goods Mortgages Bill to Give More Protection (E, W)

Consumer Law
12/07/2017 The Law Commission is seeking views on draft clauses intended to complete a new Bill that will replace the Victorian-era statutes still used by individuals who want to pledge their own goods as security for loans or other obligations,
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Fake Sickness Claims ‘Could end All-In Package Holidays’ (UK)

Consumer Law
27/06/2017 A 500% increase in the number of food sickness compensation claims lodged by British holiday makers since 2013 has created a situation where the future of all-in package holidays is actually under threat, warns the Association of British Travel
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New Advice on Pension Transfers (UK)

Consumer Law
23/06/2017 The current increase in demand for pension transfer advice originated with the introduction of the pension freedoms in April 2015, which gave pensioners more options to access their savings. New rules proposed by the Financial Conduct Authority aim to
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Morrisons Fined for Ignoring Customers’ Email Opt Outs (UK)

Consumer Law
21/06/2017 Morrisons has been fined £10,500 for ‘deliberately’ sending 130,671 emails to customers who had explicitly opted out of receiving marketing related to their ‘Morrisons More Card’ – making the national supermarket chain the latest high-profile target of the current
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