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Defined benefits pension transfer crisis looms large
The FCA has produced defined benefits transfer figures that some have interpreted as a sign that advisers will be paying […]
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Retirements put at risk due to pension advice failures
A review of pension transfer advice conducted by the top-dogs at the Financial Conduct Authority has revealed how a string […]
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Financial advice firm refuses to declare that it gave advice over SIPP
Lighthouse Advisory Services – a principal IFA that has operated with several Appointed Representatives, has been told to pay compensation […]
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Clients of Independent Portfolio Managers may be entitled to claim for compensation
Independent Portfolio Managers – a mini-bond manager based in London, has been declared in default by the FSCS, meaning that […]
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Less than 50% of pension transfer advice deemed suitable
Those who have transferred their final salary pensions may want to re-examine the advice they received, as the FCA promises […]
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Citywire publishes FSCS 2018 roundup, including SIPP collapses & more
Financial news publication, Citywire, has published an article chronicling the FSCS’s 2018 story, including focuses on the SIPP pension mis-selling […]
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ScamSmart receives 462% increase in pension scam enquiries
New figures show that ScamSmart, the FCA’s anti-scam division set up to help people identify and avoid money scams, has […]
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FCA action: 9 financial advice firms told to stop or limit pension transfers over concerns
The Financial Conduct Authority has told as many as 9 financial advisers that they can no-longer give advice to transfer […]
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Regulator takes steps to stop pension mis-sellers and scammers from coming back to the industry
The FCA has launched a training program designed to help staff stop individuals and companies considered to be ‘harmful’ from […]
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£17 million compensation bill for just 3 collapsed SIPP companies
The collapse of 3 SIPP pension providers, Brooklands Trustees, Montpelier Pension Administration Services and Stadia Trustees, has so far cost […]