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Why checking your pension advice for negligence might save your retirement
A new study by the Pension Scams Industry Group (PSIG) has claimed that half of suspected pension scams involve either a regulated […]
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Torch Wealth Management to pay up over SIPP advice
Financial advice firm Economic Financial Solutions IFA, which also went by the name of Torch Wealth Management, is set to pay […]
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10 signs of a pension scam revealed
Back in 2015, the Pensions Scams Industry Group (PSIG) was voluntarily set up to look into the causes of pension scams – […]
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BIG questions about final salary pensions
We know final salary pensions can be confusing. Here’s some answers about defined benefit pensions that might just help you […]
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£2.4m carbon credits investment fraudster on the run
Now several years on from when Carbon Credits investments were being plugged by marketing firms and IFAs as the go-to green investment […]
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Pension scams: Organised crime groups sometimes involved
A cross-organisation task force called ‘Project Bloom’ has indicated that a number of ‘fraudster families‘ are often involved in pension […]
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£197m: the cost of investment scams in 2018
The Financial Conduct Authority’s Action Fraud team has released a figure for the amount of money lost to investment scams in […]
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27%: Ombudsman sees rise in SIPP complaints for last quarter
The Financial Ombudsman Service (FOS) has recorded another jump in complaints about SIPP pensions in the quarter leading to December 2018, new […]
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Consumer Wealth Ltd goes into liquidation
Consumer Wealth Ltd, a financial advice firm that was facing 13 complaints via the Financial Ombudsman, has gone into liquidation. […]
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FSCS to acquire £175m for compensation in 2019
The Financial Services Compensation Scheme which pays consumers compensation when regulated companies can’t (either because they have no money, or […]