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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 […]
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SIPP pension claims expected to rise 25% in 2019
The FSCS has said that it expects claims relating to SIPP pensions to rise by another 25% in 2019, with more firms […]
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1,400 Beaufort clients still waiting for compensation
The FSCS has released figures that show another 754 former clients of collapsed Beaufort Securities have been paid compensation, while […]
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The Times reports on pension mis-selling scandal
The pension mis-selling scandal is now finally making headline news with mainstream media companies, with The Times dedicating a large […]