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Cold-calling about pensions is now illegal. But why?
After years or complaints, petitions, campaigns, debates and reviews, it is now illegal for companies to cold-call members of the […]
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5 high-risk alternative investments that the FOS received complaints about
The FOS, which is setup to resolve disputes between consumers and firms in the financial services sector, has produced a […]
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Pensions cold-calling ban to finally be enforced
A ban on cold-calling about pensions will finally be enforced from 9 January 2019, and the legislation was approved by […]
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FCA builds database for final salary pension transfer advisers to combat mis-selling
The Financial Conduct Authority (FCA), which both creates and enforces many of the rules financial advisers have to follow, is […]
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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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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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£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 […]
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FSCS may have to levy another £69m to pay for pension mis-selling compensation
The Financial Services Compensation Scheme is forecasting an extra £69 million levy to pay for pension mis-selling compensation, as claims […]
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1,400 claims against Beaufort Securities land with FSCS
The Financial Services Compensation Scheme, which acts as a lifeboat to pay claims when firms cannot, has received over 1,400 […]