Pension scheme operators urged to do more to stop scam transfers
The trustees of 14 pension schemes have received a joint letter from The Pensions Regulator (TPR), The Financial Conduct Authority […]
FCA watchdogs to get tough on pension mis-selling after British Steel fiasco
The financial services watchdog – The Financial Conduct Authority – has said it has learned lessons about how the pension […]
Insurance companies force advisers to pay more amid pension advice scandal
Financial advisers that want to continue to give people pension transfer advice over their final salary pensions or other types of […]
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152 Financial Advice Firms Questioned over High Risk Investment Recommendations
The financial services watchdog – the FCA – has collared 152 financial advice firms over their involvement with high-risk investments. […]
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Another firm connected with the British Steel Pensions scandal liquidates
More claims are expected for mis-sold pension transfers away from the British Steel Pensions Scheme after Retirement & Pension Planning […]
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FCA concerns over mis-leading labelling of investment portfolios
The UK regulator has criticised some investment platforms for labelling investment portfolios in a may that may “mislead” customers about […]
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Alarm bells as finance bosses investigate 33 firms for bad advice
The Financial Conduct Authority, who are in charge of all regulated financial advisers in the country, have launched an investigation […]
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Ombudsman upholds claim against Guinness Mahon for high-risk investments
The FOS has upheld a complaint against SIPP provider Guinness Mahon relating to the mis-selling of high-risk investments within some […]
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FSCS pays £112m in compensation for mis-sold SIPP pension claims
The Financial Services Compensation Scheme has paid out £112 million in the 2017/2018 period for mis-sold SIPP claims, as the […]
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Promised pension cold-calling ban delayed
It’s no-longer a secret that many mis-sold pensions start with a cold-call. The majority of calls come from marketing firms […]