The Week in Numbers – 17th November

The Week in Numbers – 17th November 24% – Proportion of calls not answered by HMRC staff. MPs have criticised the tax office’s performance calling it “completely unacceptable” £500 – Amount each new employer using The People’s Pensions for auto-enrolment will be charged in 2016 9 – Number of insurers on the Financial Stability Board’s “Too […]

Read More »

The Week in Numbers – 3rd November

The Week in Numbers – 3rd November 2015 44% – Year-on-year rise in pension investment inflows reported by St James’s Place in the third quarter , from £430m to £620m 0.5% – Growth in UK GDP in the third quarter, according to estimates from the Office for National Statistics £15.4m – Redress that payday lender […]

Read More »

The Week in Numbers – 26th October

The Week in Numbers 34% – Year on year rise in SIPP claims reported by the Financial Ombudsman Service, from 210 in Q3 2014 to 281 in the same quarter this year 10 Years – Length of SIPP administration deal agreed between Curtise Banks and Zurich 100 – Number of Sanlam Wealth Planning employees whose […]

Read More »

The Week in Numbers – 13th Oct

The Week in Numbers – 13th Oct 2015 6 – Number of former brokers standing trial at Southwark Crown Court facing charges of Libor rigging 80% – Proportion of cash lump-sum withdrawals since pension freedoms made by savers under 65, according to the ABI £35K – Funds pledged by the CISI to promote financial planning […]

Read More »

The Week in Numbers – 23rd Sept 2015

51% – Proportion of people who do not know if their provider levies charges for managing their pension pot. 0% – CPI inflation in August, down from 0.1% in July according to the Office for National Statistics 80% – Proportion of investment houses that publish out-of-date fund data, research by fintech company Instinct Studios shows […]

Read More »

The Week in Numbers – 14th September

The Week in Numbers – 14th September 50% – Rise in protection sales reported by LV= in the first half of the year. Total life sales hit £869m, with profits of £12m £8bn – Size of Jupiter’s Merlin fund range. Jupiter’s John Chatfield-Roberts has stepped down as CIO to focus on managing the funds 2.83% […]

Read More »

The Week in Numbers – 5th August

The Week in Numbers £40K – Amount lost by Yorsipp member who complained to the Pensions Ombudsman claiming due diligence failures. The complaint was thrown out last week. Up to 30% – Estimated hit to fund flows to pension providers if the Government radically reforms pension tax relief £20m – Level of redress Cash Genie […]

Read More »

The Week in Numbers – 30th July

The Week in Numbers – 30th July 186 – Visits made to Barclays by the FCA during 2014, according to a Freedom of Information request – the most of any British bank 145% – Jump in compensation paid relating to investment advisers in 2014/15, totalling £183m, according to the FSCS annual report £20bn – Savings […]

Read More »

The Week in Numbers – Week beginning 22nd June

The Week in Numbers – Week beginning 22nd June £60K – Number of people who have accessed the pensions freedoms since they were introduced in April, Chancellor George Osbourne says £1bn – Amount of money savers have taken from their pension pots since April 4 – Number of providers removed from Intrinsic’s protection panel following […]

Read More »

The Week in Numbers – Week beginning 15th June

The Week in Numbers – Week beginning 15th June 10% – proportion of advice firms that disclose charges on their website based on a review of 50 firms by Candid Financial Advice £117m – Record fine imposed against Lloyds banking group for failing to handle PPI compliants properly 1,300 – Number of customers Friends Life wrote […]

Read More »