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PFS brands FCA retirement figures ‘alarming’

The Personal Finance Society (PFS) has branded the findings of an FCA survey, released yesterday, which showed nearly 50% of pension savers accessed their pension pots in the past 12 months without taking any regulated advice or guidance, “alarming”.
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Nearly 1 in 2 pension holders shun advice when accessing pots

The FCA's latest Retirement Income study, published today, has revealed that nearly half of pension savers have accessed their pension pots in the past year without taking regulated advice or guidance.

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Sanlam buys Thesis Asset Management

Sanlam UK, part of the international financial services group Sanlam Limited, has completed the acquisition of the Thesis Asset Management.
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James Hay hires platform marketing veteran

Retirement wealth planning firm James Hay has appointed platform veteran Stephen Wynne-Jones as its head of marketing.
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Expensive claims force SIPP firm into administration

Defending itself against a rising toll of claims has forced Berkeley Burke SIPP Administration Limited (BBSAL) into administration, with the book of business sold this week to Hartley Pensions Limited.
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  1. FSCS opens door to claims against Berkeley Burke
  2. Scottish Widows makes new senior pensions appointment

  3. Tailored drawdown option added to 7IM SIPP
  4. AJ Bell launches pension freedoms income solution

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