Tracking down old pensions, the question of gambling vs investing and landlords holding onto properties - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
'I tracked down my £14k lost pension - before the Government seized it' More savers are trying to track down forgotten-about pension pots before the government takes the money for other uses, according to The Telegraph. The Government said in January that pensions that had lain dormant for years would be used to fund "good causes" in an expansion of its scheme that already does the same thing with old bank accounts. The seized savings will be put into a recovery fund and slowly paid out in endowments to fund charities and social causes so savers will be able to claim their money back ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes