News

April 19, 2018
ifa-cautious-sipp-firm

IFAs Growing Increasingly Cautious of SIPP Firms

Financial advisors are becoming increasingly cautious when dealing with the self-invested personal pension (SIPP) market, following the collapse of a number of firms guilty of mis-selling […]
April 18, 2018
Beaufort-Securities

Clients Of Collapsed Firm Face Payout Delay Following Administrator Complications

Clients of collapsed stockbroker Beaufort Securities may experience a delay in the return of their assets, due to complications faced by administrators. Special administrators say that […]
April 13, 2018
lifetime-sipp-company

SIPP Firm Facing 40 FOS Claims Enters Administration

The Lifetime Sipp Company, which has recently faced 40 claims at the Financial Ombudsman Service (FOS) has fallen into administration. The provider, which has around 4,000 […]
April 13, 2018
ombudsman-investigations

Bad Advisors Told To Compensate Investors Following Ombudsman Investigation

The Financial Ombudsman Service has told two advice firms to compensate investors after they were mis-sold inappropriate investments. In one case, Portafina LLP was found to […]
April 11, 2018
mis-sold annuity

FCA Issues New Warning To Rogue Pension Firms

The Financial Conduct Authority  (FCA) has issued a fresh warning to advisors responsible for giving bad pension transfer advice. Earlier this month the FCA published its […]
April 11, 2018
cherish-wealth-management

FCA To Crack Down On IFAs Selling ‘High-Risk Investments’

The Financial Conduct Authority (FCA) has announced a crackdown on IFAs who advise clients to take out ‘high-risk investments’. With more and more pensioners and those […]
March 30, 2018
retiring-with-no-pension

One In Eight Will Retire With No Pension In 2018

One in eight people will retire this year with no pension provision and many will be totally reliant on the state pension. According to research from […]
March 29, 2018
cold-calling-pension-scam

Cold Calling Ban Won’t Stop Scams, Pension Advisory Service Warns

The government’s cold-calling ban won’t stop pension scams, the chief executive of the Pension Advisory Service (Tpas) warns. Speaking at Dentons Pensions annual event in London, […]
March 29, 2018
businessman-preyed-on-pensioners

Businessman Preyed On Cash-Strapped Pension Holders By Promising To Release Their Savings Early

A businessman who promised to help cash-strapped pension holders to release their retirement funds early spent their savings on gambling, holidays and sports cars. Anthony Locke, […]