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83% Of Defined Benefit Transfer Requests Still Raising Warning Flags.
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83% Of Defined Benefit Transfer Requests Still Raising Warning Flags.

83% Of Defined Benefit Transfer Requests Still Raising Warning Flags. Four in five (83 per cent) defined benefit transfer requests have...
FSCS To Pay Out £44.35M On Lifetime SIPP Company
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FSCS To Pay Out £44.35M On Lifetime SIPP Company

The Financial Services Compensation Scheme has agreed to pay out £44.35mn on claims against troubled self-invested personal pensions...
Pension Providers Pay Too Much Attention To Fee Income Rather Than Product Solutions.
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Pension Providers Pay Too Much Attention To Fee Income Rather Than Product Solutions.

Pension providers pay too much attention to short-term fee income rather than long-term product solutions to the pension gap, a former...
Businessmen Who Mis-sold Pensions Linked To Councils Homeless Accommodation Scheme
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Businessmen Who Mis-sold Pensions Linked To Councils Homeless Accommodation Scheme

Two businessmen who mis-sold investments wiping out people’s pensions are linked to a firm making millions of pounds from providing...
Advisers Face Sentencing Over £20M Pension Fraud
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Advisers Face Sentencing Over £20M Pension Fraud

Two financial advisers who convinced hundreds of vulnerable pension holders to transfer their plans into a sham company in a £20mn con...
FSCS Declares Another BSPS Firm in Default
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FSCS Declares Another BSPS Firm in Default

The Financial Services Compensation Scheme (FSCS) has declared another advice firm involved in the British Steel pensions saga in...
Judge Blocks IFA From Challenging FOS Over SIPP Claim.
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Judge Blocks IFA From Challenging FOS Over SIPP Claim.

An adviser has been blocked from challenging a number of decisions made by the Financial Ombudsman Service in relation to the firm's...
Treasury and FCA Monitoring Defined Benefit Transfer Advice Market.
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Treasury and FCA Monitoring Defined Benefit Transfer Advice Market.

The Treasury and Financial Conduct Authority are monitoring the availability of defined benefit pension transfer advice after concerns...
SIPP Provider Faces £600K FOS Bill
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SIPP Provider Faces £600K FOS Bill

Sipp provider facing £600k FOS bill Sipp provider Heritage Pensions Limited has entered into liquidation following four claims upheld by...
So Who Is To Blame For The British Steel Pension Scandal?
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So Who Is To Blame For The British Steel Pension Scandal?

So who was to blame for the British Steel pension scandal? Five years on and we are still debating the issue because for the steelworkers...
National Audit Office To Investigate FCA Over British Steel Pension Handling.
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National Audit Office To Investigate FCA Over British Steel Pension Handling.

The National Audit Office is to launch an investigation into the City watchdog's work on regulating financial advice in the British Steel...
Judge Throws Out UCIS Gibraltar Claims
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Judge Throws Out UCIS Gibraltar Claims

A group of claimants have lost their chance to bring a case against a trustee for allegedly recommending inappropriate investments. In a...
Fast Shrinking DB Advice Market Is "Dangerous" For The Consumer.
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Fast Shrinking DB Advice Market Is "Dangerous" For The Consumer.

The shrinking market for defined benefit transfer advice is "dangerous" for consumers and needs to be rectified by regulators and pension...
FCA Has No Plans To Revisit It's Retirement Advice Suitability Review.
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FCA Has No Plans To Revisit It's Retirement Advice Suitability Review.

The Financial Conduct Authority has no plans to revisit its second suitability review of retirement advice after it cancelled it several...
Defined Benefit Transfer Values Hit Record High!
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Defined Benefit Transfer Values Hit Record High!

Defined benefit transfer values hit a record high last month despite the number of transfers falling for the second month in a row,...
Avacade Directors Banned After Pocketing £1.4M
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Avacade Directors Banned After Pocketing £1.4M

The directors behind Avacade have each received six-year directorship disqualifications after the Insolvency Service found they had paid...
British Steel Pension Claims News. A.W. Dallas t/a Portfolio Pensions Consultancy Collapses.
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British Steel Pension Claims News. A.W. Dallas t/a Portfolio Pensions Consultancy Collapses.

An advice firm has failed after receiving 35 Financial Ombudsman Service (FOS) complaints in relation to pension transfer advice. A.W....
Mis-sold SIPP Pension Claims. Investors In Cape Verde Demanding Compensation.
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Mis-sold SIPP Pension Claims. Investors In Cape Verde Demanding Compensation.

The business Lloyds Banking Group is close to buying for £400 million could end up paying millions of pounds of compensation over its...
UK Financial Adviser Sentanced To 4 Years For Fraudulant Trading.
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UK Financial Adviser Sentanced To 4 Years For Fraudulant Trading.

An unauthorised financial adviser in the UK has been sentenced to four years in jail for fraudulent trading and carrying out regulated...
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