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  • The Financial Services Compensation Scheme (FSCS), the industry-funded consumer compensation body, declared 13 regulated firms in default between August and November, including a Scottish SIPP firm, it reported this week.

  • Nearly half (45%) of HNWIs have no written record of what they’ve gifted to loved ones, according to new research, leaving them at risk of falling foul of IHT rules.

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The FSCS is to close its compensation scheme for victims of the failed £237m mini-bond provider London Capital & Finance (LCF).

A fifth of pension scheme members are considering cutting or halting their contributions to help them meet the cost of living crisis, according to a new survey by the PLSA.

Average annuity rates have a hit a 14-year high and have increased by 52% in the past nine months, according to new data.

SIPP provider Curtis Banks is waiving its fee on in-specie commercial property transfers into its Your Future SIPP for the rest of the year.

Harlequin chairman David Ames, the man behind a £226m SIPP-based fraud which hit 8,000 victims, was today jailed at Southwark Crown Court for 12 years.

Almost nine in ten (86%) early retirees between 50 and 54 would consider a return to work as the cost-of-living crisis continues to hit their finances.

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