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Claims management companies to be forced to disclose fees

The Financial Conduct Authority has today published its draft rules outlining how it plans to regulate claims management companies (CMCs) when it takes over their regulation from 1 April 2019.
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Aegon fears over ‘demonising’ of SIPPs

Aegon has warned that concerns over investing in unregulated investments could damage how consumers view SIPPs despite few SIPPS allowing unregulated investments.
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Pensions Freedoms ‘make it easier for scammers’ 

The managing director of global advisor firm Duff & Phelps has said Pension Freedoms have encouraged scammers. 
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Mattioli Woods stops providing DB transfer advice

Mattioli Woods is to cease providing pension transfer advice to individuals with safeguarded benefits and is now undertaking a full review.
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SIPPs firm for sale as legal costs grow

SIPPs and SSAS firm Carey Pensions is up for sale after reporting losses for the second year in a row.
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  1. FOS data shows 37% surge in SIPP complaints
  2. Retirement savings lost by 7m people
  3. PIMFA urges rethink on contingent charging ban 
  4. Expert reveals risk of whistleblowing in BSPS debacle

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