Remember the ‘milk round’? No, not Ernie and his gold tops (kids etc.), this was when big employers visited schools and unis to recruit new blood, the majority of whom would stay with them until they collected their pensions. Now most of us end up with lots of pensions , and the temptation is to put them into one convenient pot. You can DIY it cheaply and easily online. Or use us and pay, because we get info on each, compare charges, funds, pros and cons and give advice to make sure you’re doing the right thing; so that when you get that ‘were you persuaded to transfer your pension’ text, you can’t get a dodgy claims company to come after us. You pays your money and you takes your choice.
“Reeves backs down on plans to cut ISA limit”
So it looks as though Cash ISAs are safe for the moment (FTM – is that a thing?) Rachel has apparently ‘bowed to pressure’ from the banks and building societies and decided not to reduce the allowance to £4,000 for cash and to keep the £20,000 parity with Stocks and Shares ISAs. Bowed also to common sense, I’d say.
