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Pensions, savings and investments

FSCS changes reduce deposit compensation limit

The deposit compensation limit protected by the Finance Services Compensation Scheme has been reduced to £75,000.

Millions missing financial education

Over 15 million Britons have never received financial advice or been taught about managing their money, according to research by NS&I.

Tax restrictions on selling annuities to be lifted

More than 5 million people will be able to sell their annuity from 6 April 2017.

Recently retirees’ share of wealth passes the under 45s

Recent retirees now enjoy a larger share of property wealth than people under 45.

First-time buyers set to open Help to Buy ISAs

Help to Buy ISAs are set to launch from the 1 December, aiming to help first-time buyers save a deposit for a home.

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