Pension scammers trick over-50s by offering free advice
One in seven non-retired people aged 50 or above were targeted by scammers in the first quarter of 2018, according to new research. A…
Increase in FoS limit could raise adviser PI costs
Industry experts have suggested the Financial Conduct Authority’s plans to increase the FoS complaint compensation limit to £350,000 (from the previous limit of £150,000)…
Pension Justice – What should you do if you regret transfering your pension?
Since the government’s ‘pension freedom’ reforms in 2015, an increasing number of people are transferring their pension savings into self invested personal pensions (SIPPs) and non-standard investments.…
Cold called investors left high and dry by £3m wind farm scheme
Investors in a multi-million pound wind farm project are crying foul after the company running the scheme was put into administration and their money…
Pension firms closed down after investigation revealed savings were mishandled
Not a day goes by when we aren’t contacted by someone who has been encouraged to transfer their money out of a final salary…
New £120 million fund announced to compensate those who have been mis-sold a pension
Across the UK, we are being urged to pay into a variety of pension schemes. But unfortunately, many savers who have paid into Self-Invested…
SIPP complaints have risen 37 percent amid pension transfer fears
According to the latest data released by the Financial Ombudsman Service, mis-sold SIPP complaints have risen by an astonishing 37 percent in the last year…